185-191 Lennox Street, Richmond, VIC 3121


An outstanding business to acquire with such strong demand in Melbourne to obtain a 78 serviced apartment Hotel in heart of Richmond.

Outstanding long term lease of 24 years remaining of 78 serviced apartments in the heart of Richmond.

Very limited supply of unique and great assets to acquire and occupy.
Exceptional franchise brand of Adara Apartments and Hotel with the systems and support to enable for future growth.

Melbourne and inner city continues to enjoy strong occupancy and room revenue and the tourism outlook in the long term is very strong.

Existing and established business, with great turnover and profits for the new purchaser to step into and manage.


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Sales Agents

Tze Chan

An honest, highly driven and enthusiastic agent, Tze Chan is an asset to those looking to sell their property for a premium price. With over seven years of experience in residential and commercial property sales, Tze brings a valuable skill set to his role as Sales and Business Development Manager at Network Pacific Real Estate. As Tze puts it “I get great satisfaction from helping clients achieve their property goals and ensuring every vendor and purchaser receives constant feedback throughout the sales process.” Fluent in Chinese (Mandarin and Cantonese) and Malay, Tze’s formula for success is built upon his exceptional communication and interpersonal skills, local market knowledge and in depth understanding of the sales process. Drawn to Network Pacific for its innovative processes and ongoing education and training, Tze has proven himself as an outstanding sales agent and experienced negotiator. Tze has a Bachelor’s Degree in Business Studies from the University of Technology Sydney and is a REIV member. Collapse

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