Hobart, Tasmania
"Cedar Cottages" - Peaceful, coastal retreat in popular Blackmans Bay
Business Description
Elders Commercial is pleased to present to market "Cedar Cottages", self contained cottages, in a tranquil location just minutes from Blackmans Bay Beach.
A highly successful business run under management since 2005. All cottages are in excellent condition, with modern facilities, on-site parking with a total sleeping capacity of 37.
The properties include 3 cottages on 1 Title (1,009 sqm*) at 245 Roslyn Avenue together with 2 cottages on 1 Title (718 sqm*) at 14 Garnett Street, to be sold together or in one line.
Alternatively, the cottages could be bought for residential use with strata title possibilities^.
Cedar Cottages is offered for sale by Expression of interest closing Thursday 23rd April, 2026 at 4pm (AEST).
*Approximate
^STCA
Business Summary
Key Investment Insights
1. Established holiday accommodation business operated under management since 2005, indicating stable operations and track record.
2. Self-contained cottages with modern facilities, all reported in excellent condition, reducing immediate capital expenditure risk.
3. Total sleeping capacity of 37, supporting medium-scale group and family bookings.
4. On-site parking across the properties, enhancing guest convenience and occupancy appeal.
5. Prime coastal location, minutes from Blackmans Bay Beach, supporting strong tourism and weekend demand.
6. Portfolio structure: three cottages on one title (approx. 1,009 sqm) at 245 Roslyn Avenue, plus two cottages on one title (approx. 718 sqm) at 14 Garnett Street, offering operational flexibility.
7. Option to purchase properties together or in one line, enabling buyer flexibility for scaling or staged acquisition.
8. Alternate use potential for residential redevelopment, with strata titling possibilities subject to council approval (STCA), adding asset value upside.
9. Sale marketed by Elders Commercial via Expression of Interest, closing Thursday 23 April 2026 at 4pm AEST, providing a defined transaction timetable.
10. Longstanding management model suggests potential for continued hands-off ownership or transition to owner-operator if desired.
