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Hotel business for sale in Knox VIC

  • Hotel
  • Knox VIC
  • $1,495,000 (GST na)

Well known independent hotel in Melbourne's southeast

This hotel is located between two industrial parks & close to a major shopping centre.

Generating over $1m per year with high net profit margins and low operating overhead

The current owner has been operating for over 8 years and selling due to retirement

Premises have over 34 rooms, long, secure 24 year lease with attractive rent

Modern dining and conference facilities

All rooms are in excellent condition and no need to spend money on renovation.

Vendor expecting a reasonable $1,700,000

Dilun  Pathirana
Everest Commercial Property & Business Brokers
Dilun Pathirana
Everest Commercial Property & Business Brokers

Business Highlights

Business ID2017413054
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Category
Last updated  15 Nov 2021
Map for Knox VIC
Map for Knox VICKnox VIC
Dilun  Pathirana
Everest Commercial Property & Business Brokers
Dilun Pathirana
Everest Commercial Property & Business Brokers

Business Highlights

Business ID2017413054
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  15 Nov 2021
Everest Commercial Property & Business Brokers
Suite 1, 54 Davis Avenue South Yarra VIC 3141
Dilun  Pathirana
Everest Commercial Property & Business Brokers
Dilun Pathirana
Everest Commercial Property & Business Brokers
Dilun  Pathirana

Dilun Pathirana

Everest Commercial Property & Business Brokers

Call Broker
0426291868
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