Hobart, Tasmania

Rare offering of substantial management rights

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, Sullivans Cove Apartments manages high-end luxury accommodation properties in Hobart's waterfront area.
2. The business has management rights over 51 fully self-contained apartments across 5 precincts, ranging from one to three bedrooms.
3. The reception and office is conveniently located in Hunter Street, next to the popular Henry Jones Art Hotel.
4. Sullivans Cove Apartments has won multiple awards and has a strong marketing arm.
5. This management rights business is a rare and high-quality offering, with a very high return on investment.
6. The business is being sold through Expressions of Interest, with a closing date of Thursday, 9 May 2024 at 4pm (AEST).
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