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

John Blacklow

Elders Commercial

Key Investment Insights

AI generated. Confirm details with the seller.

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).