23 Andrew St, Strahan, Tasmania
12 Modern Fully Furnished Self Contained Units/Villas Overnight or Permanent Let o/o $1,395,000
Under Contract / Offer
Business Description
Perfectly presented, in brilliant condition, and well below replacement cost. Make no mistake the whole property is in A1 condition has a self-rating of 4 stars and enjoys excellent reviews.
Sell your home and create a great income, live in one unit, and enjoy a brilliant lifestyle. If you have your standard of living being eroded, then this bricks-and-mortar opportunity is a great way to increase your income.
Set in picturesque Strahan on the beautiful West Coast of Tasmania, a most inclusive community, that enjoys an influx of tourists, who come to experience the wild and natural beauty of the area.
Eight spacious studio units with a veranda on one side and a balcony on the other. large bathrooms, full kitchen, attractive carpet, window furnishings, linen in excellent order, separating brick wall between units, new split systems in all units. Built circa 2005 at a cost of $1m.
Four x 2 bedroom villas measuring 61.4m2 each, are fully self-contained and furnished, featuring carpeted floors, tiled bathrooms, and kitchen areas, and equipped with carports. These units were built circa 1982.
Marsden Court is situated on a title with a land area of 5,673m². Additional adjoining land of 6,468m² is available on a separate title and can be purchased as an option.
The whole property is landscaped with trees and shrubs, colour bond fencing, and sealed driveways.
This is an opportunity you may have only dreamed about, but it is affordable, available now, and is a once-in-a-lifetime chance to take charge of your own destiny and build up your wealth.
Strahan serves as an extraordinary gateway to explore the wonders of western Tasmania. With its renowned Gordon River cruise, exhilarating journeys on the Wilderness Railway, and status as a popular destination on the West Coast tourism circuit, it stands out as a premier hub for exploration and adventure in the region.
For more information please contact Paul Scott at ---------- or Praveen Pant at ---------- email ----------
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
Key Investment Insights
1. Asking price $1,395,000 for a 12 unit fully furnished self contained accommodation property, quoted as well below replacement cost.
2. Accommodation mix comprises eight spacious studio units and four two bedroom villas, enabling diversified revenue streams.
3. Studios built circa 2005 at an original cost of approximately $1m, villas built circa 1982, indicating staggered asset ages and capital history.
4. Property is presented in A1 condition, holds a self rating of 4 stars, and enjoys excellent guest reviews, supporting occupancy and yield potential.
5. All units are fully furnished and self contained, featuring full kitchens, large bathrooms, quality linen and window furnishings, ready for immediate operation.
6. New split system air conditioners installed in all studio units, and separating brick walls between units, enhancing guest comfort and privacy.
7. Four two bedroom villas are 61.4m2 each, carpeted with tiled bathrooms and kitchens, and include individual carports, appealing to longer stay or family bookings.
8. Site area on title is 5,673m² with an optional adjoining 6,468m² parcel available for purchase, providing expansion or development upside.
9. Landscaped grounds, sealed driveways and colourbond fencing contribute to strong curb appeal and low external maintenance requirements.
10. Location in Strahan on Tasmania’s West Coast places the business in a high tourism catchment, proximate to Gordon River cruises, the Wilderness Railway and the West Coast tourism circuit.
11. Operational flexibility allows owner occupation of one unit while continuing to trade, supporting lifestyle buyer or hands-on operator models.
12. Listing notes immediate availability and positioning as an affordable bricks and mortar investment opportunity for income growth, subject to purchaser due diligence.
