Hobart, Tasmania

Rare offering of substantial management rights

SOLD

Business Description

Sullivans Cove Apartments was established in 2006 to manage some of Hobart's finest fully self contained apartment accommodation properties.

The business has management rights over a group of 51 high end luxury accommodation properties around the Hobart waterfront consisting of one, two, and three bedroom apartments across 5 precincts.

Their reception and office is ideally located in Hunter Street, adjacent to the well know Henry Jones Art Hotel.

The business has won several awards and their marketing arm.

This management rights business is a quality offering and provides a very high return on investment.

Business For Sale by Expressions of Interest closing Thursday, 9 May 2024 at 4pm (AEST)

Business Summary

Marketing Agent

Key Investment Insights

1. Established in 2006 to manage high-end luxury accommodation properties in Hobart's waterfront area.
2. Management rights over a group of 51 fully self-contained apartments across 5 precincts.
3. Reception and office ideally located in Hunter Street, adjacent to the Henry Jones Art Hotel.
4. Winner of several awards and has a strong marketing arm.
5. Provides a high return on investment.
6. Business for sale by Expressions of Interest closing Thursday, 9 May 2024 at 4pm (AEST).
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Hotels For Sale

You may also like

Business Only Management Rights in Banora Point
Millicent Lakeside Caravan Park & Takeaway - 1P6357
 Cobb & Co Court Boutique Hotel Leasehold Business For Sale
Forget the 9-5 - $140k Stress-Free Lifestyle Business With No Office Hours!
Albatross is the ideal first timer | Resort Brokers ID : MR008627
Live, Earn and Enjoy in the Heart of Woodend
Freehold Motel Opportunity, Gateway to the Southern Highlands - 591MF
OUTSTANDING HIGH NET PROFIT HOLIDAY COMPLEX - STUNNING RAINBOW BAY
Blue Chip Passively Run Mixed Use Melbourne MR
Quality in Hawkes Bay
3.96 Multiplier on Brisbane Northside - ID 9193
A RARE INVESTMENT GEM IN THE NEWCASTLE REGION - 2866MF
Almost No Facilities, Business Only - ID 9195
Highly desirable 20 room leasehold motel - perfect owner operator business | Resort Brokers ID : LH008697
Absolute Beachfront Resort Opportunity
Modern MLR Gem in Mitchelton – Strong Returns, No Office Hours!
Fast-Growing NDIS Accommodation & Support Services Provider EBITDA - $8.33m
Northern Rivers Luxury Estate with Unlimited Commercial Upside.