Under Contract
209 KEY UPSCALE MELBOURNE HOTEL INDEPENDENTLY RECONSTRUCTED TURNOVER $5.149M
On behalf of the Receivers and Managers of 452HM Pty Ltd (In Liquidation) (Receivers and Managers Appointed) - ResortBrokers presents an exclusive opportunity to secure the management rights to a high quality 18-level hotel only five minutes from Melbourne's CBD.
On behalf of the Receivers and Managers of 452HM Pty Ltd (In Liquidation) (Receivers and Managers Appointed) - ResortBrokers presents an exclusive opportunity to secure the management rights to a high quality 18-level hotel only five minutes from Melbourne's CBD. Comprising a total of 309 lots, with 209 being room suites, the business currently has 136 rooms under short-term leases plus 7 additional leases over 'misc' lot types including front desk, offices, carparks and conference rooms. The strata-titled apart-hotel has a wide range of accommodation options and an OC restriction that restricts residents from residing in their lot for longer than 90 days, creating strong opportunity to increase the onsite letting pool. With over 20 years remaining on the agreements, this is an unrivalled opening for a sophisticated operator to fully capitalise on Melbourne’s high-end guest market.
- Asking price
- Expressions of Interest
- Management Rights - All
The business at a glance.
- Independently reconstructed gross turnover by industry specialist accountant McAdam Siemon of $5,149,106 p.a.*
- Secure Owner's Corporation annual salary of $224,400 p.a.
- New BMA commenced in Dec 2021 and has over 20 years remaining
- Total of 309 lots - inc. hotel rooms, carparks, offices, retail, front desk & restaurant
- 209 lots are room suites with 136 apartments in the onsite letting pool under short-term leases
- Operational space under short-term agreement with option to purchase the lot - reception, back-of-house, luggage storage and entry foyer
- Four conference / office space leases located on Level 1
- Located a few minutes from the CBD and in the heart of Melbourne’s cultural and sporting precinct
- For sale via Expressions of interest. Submissions close on Wednesday 15th July 2026 at AEST 5pm
- The seller reserves the right to sell prior to this date
- All inspections by appointment only with the agent
The asset, the manager unit, the location.
Melbourne, VIC
Melbourne, VIC
Talk to the broker.
Enquire about this property
Tim Crooks
Director of New Developments & Hotels
0422 208 450
07 3878 3999
Enquire about this property.
Leave your details and Tim will be in touch about this property.
Receive New Listing Alerts
By subscribing you agree with our Privacy Policy