30 Tasman Highway, Montagu Bay, Tasmania

Hobart City View Motel FHGC Rare as Hens Teeth Exceptional Opportunity Now o/o $4,699K

SOLD

Business Description

Located on Hobarts' Eastern Shore en-route to the International airport, with very limited competition. This well presented and maintained property, has a 4star rating and glowing social media reviews. Panoramic Derwent River, Mount Wellington and Hobart views.

Comprising 32 spacious en-suite rooms, with varying configurations. Many Improvements and upgrades made in recent times, such as all new split systems, beds and linen, vanities, televisions, curtains, carpets and more.

With convenient guest parking in front of rooms, well maintained gardens and building.

Easily managed without a restaurant and spacious 2 bedroom owner/managers quarters.

This motel is characterised by guests commenting on the cleanliness, obliging service, views, comfortable beds and facilities and is complimented by a general liquor license.

Motel buyers in Hobart are aware that this is a rare freehold opportunity and will take into account industry occupancy rate.

3549m2 landholding, on a major highway, only a few minutes to the Hobart CBD in a very sought after area, with an increasing population and only one of two motels on the Eastern Shore close to the Hobart Airport. The Hobart ( 7th largest Australian City) current population of 251,000 is expected to increase to 300,000 within the next decade.

Live the lifestyle in Hobart along with a secure income, in the accommodation industry, with an asset that will only grow in value.

Call our business brokers today as this exceptional opportunity is rare and would not last long.. Phone Praveen Pant ---------- , Neha Suyal at ---------- or contact Paul Scott at ---------- email: ---------- NDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
NOTE: All figures are approximate.

Business Summary

Marketing Agent
Paul Scott
Paul Scott

Business Brokers Network Australia

Business Brokers Network Australia

Key Investment Insights

1. Rare freehold opportunity in sought-after area with limited competition
2. Well-presented and maintained property with 4-star rating and positive social media reviews
3. Panoramic views of Derwent River, Mount Wellington, and Hobart
4. 32 spacious en-suite rooms with various configurations
5. Recent improvements and upgrades made to property
6. Convenient guest parking, well-maintained gardens and building
7. Easily managed without a restaurant
8. Includes spacious 2-bedroom owner/manager's quarters
9. Complimented by a general liquor license
10. Strong demand for motel accommodation in Hobart with high occupancy rates
11. Large landholding on major highway, only minutes from Hobart CBD
12. Expected population growth in Hobart over the next decade
13. Opportunity for a secure income and lifestyle in the accommodation industry
14. Asset expected to increase in value over time
15. Professional business brokers available to assist with inquiries and investigations.
Listing location
Video

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

EXCITING LEASEHOLD OPPORTUNITY - 1942ML
INVESTMENT OPPORTUNITY IN A HIGHLY PROFITABLE MOTEL - 1942MI
A Motel Business That Shines Bright Like a Diamond - 452ML
Highly desirable Caretaking-Only absolute beachfront
Business Only - $188,740 Net Profit - ID 9185
Business Only with High Stable Salary - ID 9184
Regional Gaming Venue with Exceptional Features - 130HF
Permanent GEM in Eight Mile Plains - Brisbane Southside Central
Rare Opportunity: A Thriving Hospitality Gem - 2862MF
Two highly profitable Quest Apartment Hotels in Bendigo.  | Resort Brokers ID : LH008587
the first of three business-only's with another 400+ units under construction  | Resort Brokers ID : MRB008606
Exceptional MR in Booming Northern Corridor - Net Profit $566K @ 5.95x | Resort Brokers ID : MR008602
Lifestyle Sunshine Coast Hinterland Retreat - 2177MF
Leasehold Motel, a standout in the West
Exciting Mixed Management Rights Opportunity in Eli Waters, QLD
Rare, large Caretaking-Only business For Sale – Benowa / Carrara Area
Unlock a Financial and Lucrative Lifestyle in Hervey Bay!
 The best investment in Toowoomba: a freehold 32-key motel on 11,043m² | Resort Brokers ID : FH008601