5-13 Scotchtown Road, Smithton, Tasmania

Magnificent multi award-winning resort complex

Business Description

Nestled in the heart of Smithton, Tall Timbers Hotel is a unique and picturesque complex that offers a serene and peaceful escape for locals and tourists.

This expansive estate, which spans over 10.73* hectares of lush pasture, lakes and creeks, is home to a range of facilities and amenities, including luxury accommodation, and dining options.

In addition to the 67 rooms and hotel facilities, the hotel offers a range of recreational activities such as 2 tennis courts, a gym, and a leisure centre with indoor heated pool.

Since 2005, the owners embarked on an expansion and renovation program costing over $5m*.

The figures are continuing their upward trajectory, with an increase in hotel occupancy, plus advantageous changes to the gaming legislation in July 2023.

The hotel was constructed in 1990 and has been owned by the same family for 34 years.

There is little doubt that this multi award winning acquisition is a trophy asset and is in magnificent condition throughout.
*approx.

Business Summary

Marketing Agent
Nick Bond
Nick Bond

Key Investment Insights

1. Prime location in the heart of Smithton, attracting both locals and tourists.
2. Expansive estate with over 10.73 hectares of lush pasture, lakes and creeks.
3. Range of facilities and amenities, including luxury accommodation and dining options.
4. Recreational activities such as tennis courts, gym, and indoor heated pool.
5. Ongoing expansion and renovation program since 2005, costing over $5 million.
6. Increasing hotel occupancy and advantageous changes to gaming legislation in July 2023.
7. Family-owned for 34 years, well-maintained and in excellent condition.
8. Multi award-winning acquisition, considered a trophy asset.
9. Potential for further growth and development opportunities.
10. Strong financial figures and upward trajectory.
Listing location
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