9 Murchison Highway, Somerset, Tasmania
A great "sea change" opportunity
SOLD
Business Description
This quality 3.5 Star Motel sits on the Banks of the Cam River, in the popular seaside town of Somerset on Tasmania’s North West Coast.
Best Western Burnie, Murchison Lodge contains 30 rooms, restaurant as well as a generous family residence, all on a large site area of 3,177sqm (approx)
It is an attractive resort town with wide beaches and a more than adequate shopping centre. As this popular residential area of Tasmania expands, Burnie, Cooee and Somerset are becoming one major regional city. Its strategic location at the junction of the Bass Highway to Smithton and the north west, and the Murchison Highway to Queenstown and the west coast make it a popular stopover for travellers along both highways.
- Price represents only $63,333 per room
- Fully compliant - in excellent condition
- Onsite sealed parking for each unit
Business Summary
Key Investment Insights
1. The motel is located in a popular seaside town on Tasmania's North West Coast, offering a desirable "sea change" opportunity for potential buyers.
2. The property sits on the banks of the Cam River and has a large site area of 3,177sqm.
3. The motel is a 3.5 Star property with 30 rooms, a restaurant, and a spacious family residence.
4. The location of the motel is strategic, as it is at the junction of two major highways, making it a popular stopover for travellers.
5. The price of the motel is attractive at only $63,333 per room.
6. The property is fully compliant and in excellent condition.
7. Each unit has onsite sealed parking, providing convenience for guests.
8. The surrounding area is experiencing growth and the town is becoming a major regional city.
9. The property offers a variety of accommodation options, including a restaurant, making it attractive to a wide range of potential buyers.
10. The motel is well-maintained and has a good reputation, making it a solid investment opportunity.
