3 Hotel & Leisure Properties For Sale in Dandenong South, VIC 3175

Refurbished Suburban Melbourne Hotel In Key Corporate Market | Resort Brokers ID : LH005309

This is a great opportunity for an owner/operator to enter the hotel market in Dandenong, South East of Melbourne. Fully refurbished at $20K - $40K per key.

Quest Apartment Hotel - largest serviced apartment group in Australia
Solid 22 year lease, with Quest benchmark rent
New $170 million soccer stadium and hospital in the Dandenong pipeline
Currently run under management, significant opportunity for growth
Large apartments, strong extended stay market

NB: Property inspections are by appointment only

High Yield Investment in Dandenong Central!

34 fully furnished high yielding serviced apartments to be sold in one-line or separately.

Designed by Hayball Architects, Arkana comprises an eight-storey building with serviced apartments, ground floor retail, office accommodation, conferencing and other facilities.

Fully leased to hotel operator Punt Hill at a total annual income of $739,220, representing a yield of approx. 6%.

The fixed rental costs includes annual CPI increases, rent is not linked to occupancy or vacancy, assuring investors of dependable annual gains, returns are above residential apartment rates and there are depreci...

Commercial property for sale PC-0011

This motel is Located in the southeast area of Melbourne with 37 rooms and 25 years lease. The annual turnover of the Motel is $1,100,000 and the motel property is for sale as well, yearly rent is $459,000+ GST .
For more information please call Laura Sun: 0414237778 Balance Business & Real Estate Level 1, Suite 6, 695 Burke Rd., Camberwell VIC 3124 T: 03 9939-5659 / 03 9939-1910 F: 03 9939-1439 W: www.balancerealestate.com