Hotel For Sale – Quality Hotel Manor
HTL Property, in conjunction with Burgess Rawson Victoria, is pleased to present for sale Quality Hotel Manor via an Expression of Interest campaign.
Quality Hotel Manor is positioned upon 5,255 sqm of favourably zoned (General Residential) land; and is located on the Maroondah Highway in Melbourne’s highly sought after eastern suburb of Mitcham.
Quality Hotel Manor comprises thirty-six recently refurbished rooms ranging from 30smq to 37sqm in size. Additionally, the property offers two conference rooms, a central restaurant and bar; and secure parking for seventy-five cars.
Enjoying a very central location with railway, bus routes and arterial roads all on its doorstep, Mitcham is situated twenty-one kilometres east of the Melbourne Central Business District. Mitcham’s location is ideal for access to both the city and Dandenong Ranges. Offering a plethora of schools, lush parks and excellent roads, Mitcham also enjoys close proximity to Maroondah Hospital and Eastland Shopping Centre.
With restaurants, café’s and the iconic ‘The Coach’ hotel also situated very close to the property, Mitcham is renowned for its affluent community and its proximity to the Dandenong Ranges and parklands. This extraordinary location provides guests with a range of activities to enjoy; including the exploration of nature reserves in the local area, tranquil forest walks in the Dandenong Ranges or golfing at the nearby Ringwood Public Golf Course.
“Well located Melbourne accommodation property has consistently seen strong demand from the private investment sector and active hotel funds in recent years” commented HTL Property Director, Nic Simarro.
“Following on from recent hotel sales activity in Melbourne our clients, after ten years, have decided to divest their asset and allow an incoming purchaser to capitalise further upon their profitable operation” added Simarro.
“The eastern suburbs of Melbourne is an affluent and extremely sought after location, offering schools, lush parklands and strong road connectivity” added Burgess Rawson Partner and Head of Asian Investment Zomart He. Whether it is to continue the operation or redevelop the site into a Residential development, we anticipate a strong mix of enquiry from both hotel operators and developers” concluded He.
Quality Hotel Manor is for sale via an exclusive Expression of Interest campaign closing September 14, 2023.