52 Safety Cove Road, Port Arthur, Tasmania
Port Arthur Villas - All Reasonable Offers will be Considered - 1P6147
FHGC $2,000,000
Business Description
CRE Brokers are proud to offer for sale Port Arthur Villas freehold and Business as a Going Concern.
Port Arthur Villas are located at Port Arthur in Tasmania, being about 100 km southeast from Hobart. Port Arthur was one of Australia's notorious Convict settlements and is a highly visited historic destination.
Port Arthur Villas comprise two (2) adjoining Titles totaling 12,065m2 of Rural Living Zone C land.
Improvements include a modern reception with a 3 bedroom residence, three blocks of brick villas providing, six(6) self-contained two (2) bedroom villas, three (3) premium studio villas and eight (8) studio villas.
In total there are 17 guest accommodation rooms.
Gross Revenue in FYE 2024 was $393,137 ex GST and $444,974 ex GST in FYE 2023.
The nine (9) Studio units were completed circa 2022 and prospective buyers will benefit greatly from these.
Business Summary
Other Features / Notes
A:FREEHOLD GOING CONCERN, B:MOTEL, C:TAS - HobartKey Investment Insights
1. Prime location in Port Arthur, a highly visited historic destination.
2. Freehold and Business as a Going Concern.
3. Two adjoining titles totaling 12,065m2 of Rural Living Zone C land.
4. Modern reception with a 3 bedroom residence.
5. Three blocks of brick villas providing 17 guest accommodation rooms.
6. Gross Revenue of $393,137 ex GST in FYE 2024 and $444,974 ex GST in FYE 2023.
7. Nine studio units completed in 2022, providing potential for increased revenue.
8. Other features include being a Motel and located in the popular destination of Hobart, Tasmania.
