Key Investment Insights
AI generated. Confirm details with the seller.
1. Twelve fully furnished self-contained units and villas, comprising eight modern studios and four two-bedroom villas, ready for immediate operation or occupation.
2. Property described as in A1 condition, enjoys a self-rating of four stars and excellent guest reviews, indicating strong operating standards and guest satisfaction.
3. Eight spacious studio units built circa 2005 at an estimated build cost of $1 million, each with a veranda and balcony, large bathrooms, full kitchen, updated split-system air conditioning, and separating brick walls.
4. Four two-bedroom villas built circa 1982, each 61.4 m², carpeted living areas, tiled bathrooms and kitchen areas, furnished and equipped with individual carports.
5. Fully furnished inventory includes linen, window furnishings and attractive carpets, supporting turnkey operation and reduced immediate capex.
6. Site sits on a 5,673 m² title, with an option to acquire an additional adjoining 6,468 m² parcel, offering expansion or development potential.
7. Landscaped grounds, colourbond fencing and sealed driveways contribute to low-maintenance presentation and curb appeal.
8. Located in Strahan on Tasmania’s West Coast, positioned in a strong tourism precinct with key attractions including the Gordon River cruise and the Wilderness Railway, supporting year-round demand.
9. Marketing positions the asset as below replacement cost, suggesting potential value upside for an investor or owner-operator.
10. Lifestyle proposition allows owner occupation of a unit while generating income from the remaining accommodation, enabling partial personal use and business cashflow.
11. Property is under contract and available now, indicating current market interest and an active sale process.
12. Vendor statement requires purchasers to conduct their own enquiries and verify all figures, signalling that quoted numbers are approximate and subject to due diligence.