31-33 Church Street, Stanley, Tasmania

Rare Freehold Outstanding Short Term Rental Cottages+Passive Rent From Cafe

SOLD

Business Description

A Tasmanian Gem-Looking for a Sea Change Opportunity?

We are excited to introduce you to a freehold opportunity, offering a seaside lifestyle, with passive rental income, in a scenic township of North West Coast Tasmania, overlooking Sawyer Bay in the Australian Tourism Award-winning township of Stanley.

Touchwood Cottages, Gallery & Cafe is a standout business that has grown over the years due to the current owner's hard work, ideas and management acumen.

This business enjoys a remarkable reputation from all customers supported by locals & tourists.

Centrally located in CBD Stanley, it is widely loved by customers for its delicious food (including homemade cakes and scones) & coffee, A1 customer service, immaculate store presentation plus water views.

Current owners stopped operating the cafe circa September 2023 and moved to the mainland. They operate the short term accommodation remotely.

Some excellent features of this investment:

⦿ Perfect CBD location offering ocean views from the café & cottages and walking distance to all amenities.
⦿ Offering income from café rent and self-contained accommodation.
⦿ Strong repeat clientele-mix of locals & tourists.
⦿ Award-winning business- TripAdvisor Traveler's Choice (annually), including 2022.
⦿ Customers love it- Booking. com rates it 9 out of 392 reviews, and 4.5 out of 5-star reviews on TripAdvisor.
⦿ Café is fully licensed and can seat approx 35 patrons inside and around 16 in the outdoor area.
⦿ Booking system that allows the business to be on all the big booking websites such as Booking.com, Qantas etc.
⦿ Room for expansion in accommodation by including more online booking platforms e.g. Air BNB.
⦿ Gallery is no longer trading, it is used by the cafe operator.

Current owners of 7 years looking to retire.

All the hard work has been done entire property refurbished and repainted inside & out, with beautifully maintained property & grounds.

For further information contact the Paul Scott business broker on ---------- , or email ---------- phone Praveen Pant ----------
INTENDING 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; Please Note: All figures quoted are approximate.

Business Summary