Hannan Real Estate Melbourne City

Hotels

FOR EXPRESSIONS OF INTEREST

Highly Profitable Hotel

Located in the heart of a high-profile Victorian Tourist Region

Available as Freehold and/or business

Trends for Region:

  • Domestic Day trips to region up 20.6% on FY17

  • International stays in region up 49% on FY17

  • Domestic stays in region up 26% on FY17

Hotel operation is situated on 2,175 sqm of land and suitable for commercial expansion

Current profitability is consistently achieving Industry key performance indicators (KPIs) on operating revenue of approx. $30K per annualised week.

Opportunity for expanded trading times allowing for significant upside.

 

 

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