Astra Apartments commenced operations in 2001.Since then it has grown into a national franchise operation accommodating executives who work for many of the most respected companies from
Australia and around the world. Unlike other accommodation providers, Astra Apartments specialises in providing full-sized, furnished residential apartments for medium to long stays with average length of stay being 6 weeks (industry average for hotels and serviced apartments is 2-3 nights). A critical difference to the big ‘chains’ is that Astra Apartments provides modern, spacious, executive apartments, whereas apartments provided by competitors are often smaller. Also, unlike most accommodation providers, Astra Apartment’s portfolio of apartments can be grown incrementally meaning lower capital outlay and growth can be funded from cash flow.
Benefits and features:
Buyer must be approved by Astra Head Office
This is a great opportunity to acquire this excellent & flexible lifestyle business where most of the hard work has already been done. The new owner can either scale up further or continue to manage the current business and enjoy the lifestyle that goes with that.