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Outstanding Quest Leasehold in central Melbourne | Resort Brokers ID : LH008763
$4,850,000
Hotel hospitality, MOONEE PONDS VIC
Exceptional opportunity to join one of the largest and proven franchise accommodation brands in Australia, centrally located in inner Melbourne, centrally located between Melbourne Airport and the CBD.
ResortBrokers presents an exclusive opportunity to acquire the Leasehold business of Quest Moonee Valley, located in Moonee Ponds, directly opposite Moonee Valley Race Course, 8km from the CBD and 15km from Melbourne Airport. The property has recently undergone significant refurbishment and investment in new furniture, fixtures, and equipmentthe heavy lifting has been done!
Quest Moonee Valley is a highly profitable business and boasts 61 beautifully presented apartment-style rooms, 4 Townhouses, 41 secure carparks, a swimming pool, and conferencing facilities.
Long-term leases are in place, providing the incoming owner with long-term stability.
With the support of Quest HQ to further enhance your growth potential and provide ongoing training throughout, this opportunity to secure a premier Quest is one not to be missed.
- Recently refurbished, presents as new
- Strong long term secure leases
- Brilliantly located closeto amentities
- All new furniture, fixtures and equipment
- 61-apartment style rooms& four townhouses
- Highly desirable centraal Melbourne location
- Highly profitable
- Inspections by appointment only
Date updated: 19 Jun 2025 23:00:02
More Information
- Total Purchase Price: $4,850,000
- Net Income: $ 878,924
(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.
How long remains on the caretaking contract before it must be renewed?
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?