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Melbourne's Leading Student Accommodation! (Our Ref: V1538)

Melbourne's Leading Student Accommodation! (Our Ref: V1538)

$99,000 - Accommodation/Tourism

 Victoria  Inner City Print this page

- Accommodation for approx 40 students in 14 rooms, fantastic inner suburb location!
- Turnover of approx $300,000 per annum, easy to run lifestyle business..
- Great communal areas and facilities including lounge, dining area, kitchen and laundry!
- Great social set up with large seating areas, onsite bar and pool table.
- Safe and secure with pin code entry, CCTV and bike storage.
- Currently operated by residents - reduced wages with limited owner involvement!
- Situated on main road between 2 train stations (only a 4 minute walk to either station).
- Key location with long lease and reasonable rent.
- Dissimilar to most hostels, the residents prefer longer stays due to their student status.
- Very popular student accommodation with a current occupancy of 83%.
- Easy and friendly residents with great sense of community.
- Student activities and gathering available at hostel.
- Contact us now to book an inspection - this offer won't last long!

**Exclusive to Paramount Business Brokers (Our Ref V1538)
**Some Images Used for Illustration Purposes Only

“The statements and financial information relating to the subject business are based solely on information supplied by the vendor to Paramount Business Brokers (Paramount) and therefore Paramount does not warrant the accuracy of such statements and financial information and specifically excludes any liability in relation to same. Paramount strongly recommends that any prospective purchaser of the business seeks its own independent legal, accounting and financial advice and conducts its own due diligence of the business.”

Business Specialist: Joshua Siow

Joshua is a dynamic, committed and driven individual. His main aim is to achieve outstanding results for his clients. Joshua is highly motivated and has the necessary skills of professionalism, integrity and a strong work ethic. Educated at the University of New South Wales Joshua holds a business degree with majors in taxation and accounting. Handpicked for a special traineeship with the Australian taxation office, he worked for many years with small, medium and large enterprise. Post these years, he gained many years of business experience having developed, built up and successfully sold multiple businesses. These include a green energy company and a packaging wholesaling company. Joshua brings a high level of understanding, insight and knowledge for different types of businesses and through this brings the best results for his customers every time. Joshua is a successful person, who enjoys bringing success and helping others succeed to the best of their ability – he enjoys seeing the hard work of others get rewarded. He has a beautiful family with three young children and enjoys volunteer work on the side.

  • Office : 03 9021 9888
  • Mobile : 0415 646 977
  • Fax : 03 8692 8635
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