Scamander, Tasmania

One of Tasmania’s best located seaside resorts

SOLD

Business Description

Offered For Sale is one of Tasmania’s best known and best located Beach Resorts, occupying a prime location overlooking the river mouth of the Scamander river and the adjoining ocean beach. Scamander is a popular beachside town on the East Coast, located between St Helens and Bicheno on the Great Eastern Drive.

On a large land holding of some circa 9,567 sqm and with panoramic ocean, beach and river views, the site offers enormous potential for further development (STCA).

This 60 room resort, having undergone substantial renovations in the last 2 years is thriving under strong management. With a diversified income stream from accommodation, food and drink and functions/events the resort is very much The Hub for the Scamander community offering a very solid operating profit for its owners.

Please note this is a conjunctional sale with JLL:
Gareth Closter - ----------
Nick MacFie - ----------

Business Summary

Marketing Agent
Charles Black
Charles Black

Key Investment Insights

1. Prime location: The resort is located in one of Tasmania's most popular beachside towns, making it a highly desirable destination for tourists and locals alike.

2. Large land holding: The resort sits on a large land holding of approximately 9,567 sqm, providing ample space for further development and expansion.

3. Panoramic views: The resort offers stunning panoramic views of the ocean, beach, and river, providing a unique and picturesque setting for guests.

4. Diversified income stream: The resort generates income from multiple sources, including accommodation, food and drink, and functions/events, making it a well-rounded and profitable business.

5. Strong management: The resort is currently under strong management, ensuring efficient operations and a thriving business.

6. Recent renovations: The resort has undergone substantial renovations in the last 2 years, making it a modern and attractive destination for guests.

7. Solid operating profit: The resort has a solid operating profit, providing a stable and profitable business for its owners.

8. Conjunctional sale: The sale of the resort is being conducted in conjunction with JLL, a reputable and experienced real estate agency.

9. Potential for further development: With its large land holding and prime location, the resort has significant potential for further development and expansion, subject to relevant approvals.

10. Community hub: The resort is a central hub for the Scamander community, providing a valuable service and contributing to the local economy.
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This Business is sold

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