Serviced Apartment Business for Sale - Docklands, Melbourne

An excellent opportunity is now available to acquire a serviced apartment accommodation business located in the highly sought-after Docklands precinct.

This business operates a portfolio of serviced apartments and is positioned to service business travellers, families, short-stay guests and visitors seeking convenient accommodation close to Melbourne CBD, waterfront attractions and major local amenities.

Key Business Highlights:
Located in Docklands, one of Melbourne's prominent waterfront accommodation precincts
Serviced apartment accommodation model
16 apartments under management, including 1, 2 and 3-bedroom apartment options
Approximately $1.5 million annual revenue
Approximately $230,000 average EBITDA / profit after all expenses, based on the last three-year average
Current occupancy approximately 60%
Multiple online booking channels in place, including major accommodation platforms
Website and direct enquiry channels already established
Simple operating model with only one person required for check-in/check-out support
Business can be operated with flexible working arrangements, including work-from-home capability
Landline phone system connected to mobile app for guest calls
Leased accommodation structure with office lease in place
Vendor selling due to another business commitment

Asking Price: $500,000 plus security bonds

This opportunity may suit an owner-operator, accommodation operator, investor, or an existing short-stay / serviced apartment operator looking to expand into the Docklands market.

Strict confidentiality applies. Further information will be provided to qualified purchasers upon signing a Non-Disclosure Agreement.

Contact Dilun Pathirana
Everest Commercial Property & Business Brokers
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