Case Study 1

Serviced apartment business, Melbourne CBD

Melbourne CBD, Victoria

Final sold price

$690,000

Buyer

A local buyer leaving a full-time corporate role

The vendor was an early pioneer of short-term rentals, building an accommodation portfolio through a fragmented lease model — twenty-five separate apartments leased from individual owners on three-year terms, then furnished and managed consistently under a single brand. The complexity sat in the leases: every owner had to consent to the transfer. We worked through each one in parallel so the buyer took over a complete, trading portfolio rather than a partial one.