Business for Sale in Victoria - Hotel/Motel for Sale in Melbourne - Hotel in Melbourne
* PRIME MELBOURNE LOCATION
* LONG LEASE, LOW OVERHEAD
* 44 ROOMS, BAR & RESTAURANT
A premium location in Melbourne! Inviting owner operators and investors to own this long established iconic hotel located in a prime spot in Melbourne. It is also suitable for hotel chains to increase their footprint in a prime location in Melbourne.
* Superb location close to Crown Casino, Albert Park - location for Australian Grand Prix, Alfred Hospital, Melbourne CBD, Melbourne Convention and Exhibition Centre and historic Shrine of Remembrance.
* Business has shown tremendous resilience against COVID lock down and impact
* 44 Rooms comprises of one self contained one bed room apartment for owner/manager and combination of queen, twin, double, family and luxury spa rooms. Recent refurbishment has been done to exterior and interior.
* Facilities include restaurant and bar, conference room, under cover parking and many more.
* Bar & Restaurant with fully equipped Kitchen and Cool Room provides ample opportunity to host large tour groups and earn extra $$
* 30 year old hotel
* Long lease
* Owner relocating to overseas
* High visibility location situated on a very busy thoroughfare in Melbourne providing easy accepts points to key attractions for customers
* May be suitable for Subclass 188 Business Visa Migration
* Asking $1,680,000 + Stock at Valuation. All reasonable offers will be forwarded to the vendor.
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