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DANDENONG, VIC
Premium Freehold Accommodation Investment Opportunity in Dandenong
Dandenong, VIC, 3175
Accommodation/tourism · Motel
$15,000,000
Discover a rare opportunity to own a thriving accommodation business in the heart of Dandenong. This well-established freehold property boasts 49 well-appointed rooms, ample private parking, and a strong reputation among corporate and repeat clients. With a prime location just minutes from Dandenong Hospital and the industrial zone, this property has been a landmark for over five years, offering a profitable and stable investment.Key Features:Established in 2017 Modern and well-maintained property.Strategic Location Just 35 km from Melbourne CBD, with easy access via the Monash Freeway and Eastlink.49 Well-Appointed Rooms Offering a variety of accommodation options to suit different guest needs.Fully Managed Operation Seamlessly run with minimal owner involvement.Strong Revenue & High Occupancy Generating $1.85Mn annually with an impressive 90% occupancy rate.Experienced Staff A dedicated team of 7 professionals (4 cleaners & 3 receptionists) ensures smooth operations.Guest Comfort & Amenities Each room is equipped with a fully functional kitchen, lounge area, flat-screen TV, DVD player, and laundry facilities. Guests also enjoy outdoor furniture and BBQ facilities.Ideal for Investors & Operators Perfect for seasoned investors or those entering the industry, this property offers an easy-to-manage and highly profitable business model.Unmatched Connectivity & Attractions Easy access to the Dandenong Ranges, Phillip Island, Mornington Peninsula, and Gippsland, making it an attractive choice for both corporate and leisure travelers.Asking Price: $15M (Freehold & Business)This is a unique opportunity to secure a high-performing accommodation business in a booming location. Dont miss out on this exceptional investment opportunity!If this is an opportunity that interests you, please contact the agent below to discuss this further. On completion of a confidentiality agreement and discussion, a comprehensive Information Memorandum can be provided.
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