L’Barza serviced apartments consist of nine serviced apartments located in the regional city of Shepparton in three separate residential areas. This business represents a lifestyle business which could easily be run by one owner-operator (part-time) seeking a financially rewarding business. It is well established and poised for further expansion as there is limited high end accommodation similar to this in Shepparton. The existing owners established the business in 2003 and have developed a superior accommodation destination for their wide range of clients. They provide corporate accommodation for those who are looking for a higher quality property. The owners own the freehold on four of the apartments and lease the other five. There are 5 three bedroom/double garage apartments (approx. 18 sq in size), 3 one bedroom/carport apartments (approx. 8 sq) and 1 two bedroom/ single garage (approx. 12 sq). All the apartments are single story ground floor apartments in residential areas close to the CBD. Private and spacious outdoor courtyards, large flat screen TV, DVD surround sound home theatre systems and complimentary wireless internet are all features of these superb apartments. All the serviced apartments have fully equipped kitchens (full size fridge, oven, gas cook top, microwave, dishwasher, health grill etc). Quality linen is supplied, all beds have electric blankets and all apartments are fully air conditioned. The apartments were all built as permanent residences, not purpose built as serviced apartments. The two and three bedroom apartments have remote controlled lock up garages, with secure entry to the apartments from within the garage. They are stand alone, with no adjoining walls. The existing owners work a limited number of hours per week and employ staff predominantly to perform the cleaning duties. The owners can operate the bookings from their mobile phone which allows a remarkable amount of flexibility with the business. This business would be suitable for anyone seeking a sound ROI from a part-time occupation, including perhaps the semi-retired. Freeholds (4 units) available by negotiation.