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Exceptional Leasehold of a Luxury Melbourne 4.5-star Boutique Hotel | Resort Brokers ID : LH007907
$999,000
Motel (Leasehold) hospitality, DONCASTER EAST VIC
ResortBrokers is excited to present an exceptional opportunity to secure the leasehold business of a magnificent 4.5-star Boutique Hotel, only 20 minutes east of Melbournes CBD.
Beau Monde International, an elegant, sophisticated boutique hotel and function venue, finished with crystal chandeliers, French windows and majestic gardens is located in the heart of Melbournes eastern suburbs, Doncaster.
Since its opening in 1989, Beau Monde International has built a strong and loyal client base. The business has an enviable trading record as a luxurious accommodation hotel offering outstanding facilities for corporate guests, weddings and all other manner of functions.
Beau Monde International should interest an operator experienced in delivering high-quality accommodation, food and beverage, conference and function services.
Rarely do we see leasehold opportunities of this calibre, only 20 minutes from Melbournes CBD come to market, so get in quick to secure this incredible opportunity.
Enviable location only 20 minutes from Melbourne CBD
Magnificent 4½ star AAA rated all suite Boutique Hotel
Four function rooms catering for Corporate, Weddings, Fucntions and High Teas
Long 20- year tenure with 12-years remaining
Key Staff happy to remain for smooth transition
Excellent mix of accommodation, conferencing, functions and food and beverage income
No increase to rent negotiated since 2019
Strong and loyal client base with repeat business
Fully licensed bar/cafe/restaurant
Inspections by appointment only
Date updated: 01 Nov 2024 00:00:02
More Information
- Total Purchase Price: $999,000
- Net Income: $ 0
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
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How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?