Strahan, Tasmania
UNDER CONTRACT - Fully Managed Freehold Accommodation Business in Iconic Strahan | Strong Returns
Under Contract / Offer
Business Description
This long-established boutique property has evolved from its family-operated origins into a polished, professional, and highly respected hospitality offering.
The Crays Accommodation presents a rare opportunity to acquire a high-performing, fully managed accommodation business in the tightly held and highly sought-after tourist township of Strahan, on Tasmania's pristine West Coast.
With a strong online presence, glowing guest reviews, and a reputation for quality service, the business attracts both loyal repeat customers and new visitors drawn to the region's natural beauty and adventure experiences.
Importantly, the business is run entirely under management, making it an ideal passive investment or lifestyle option for an owner seeking consistent income without day-to-day involvement. With the 2025 FY profit to owners of $217,082 and the 2024 FY profit of $180,840, the business is showing solid growth.
Key Features:
Fully Managed Operation
The business is overseen by a professional management couple who reside in the on-site manager's residence. Operating under a contractor agreement, they invoice the owners $2,000 per week and are responsible for the full scope of operationsincluding guest check- in and service, housekeeping, maintenance, rate and booking management, and day-to-day property upkeep.
Recently Renovated Accommodation Units
Each unit has been thoughtfully updated to provide comfort and convenience, featuring private bathrooms, kitchenettes or full kitchens, generous lounge and dining areas, undercover parking, and private verandas for guests to enjoy the peaceful surroundings.
Prime Strahan Location
Ideally positioned within close walking distance to the village centre, The Crays is perfectly located for guests exploring the region's top tourist attractions, including the renowned Gordon River Cruises, the West Coast Wilderness Railway, and rugged natural wilderness experiences. The property also benefits from excellent visibility and accessibility.
Consistent Year-on-Year Growth
The business enjoys above-market occupancy and a strong track record of profitability, even amidst changing tourism trends. The upward trajectory of both revenue and bookings is supported by Tasmania's continued investment in regional tourism and the increasing popularity of the West Coast.
Turnkey Investment with Further Upside
With solid systems in place, minimal owner input required, and a well-established management team, this is a genuine turnkey operation. There remains additional potential to expand marketing activity, increase direct bookings, or further refine pricing strategies to boost yield.
Excellent Reputation & Repeat Clientele
The Crays Accommodation is known for its personal touches, high cleanliness standards, and welcoming atmosphereelements that continue to drive glowing reviews and repeat visitation.
This is a truly rare opportunity to secure a profitable, low-touch investment in one of Tasmania's most iconic tourist destinations. With everything in placefrom strong management to stylish, modernised accommodationThe Crays is ready for its next owner to step in and benefit from the hard work already done.
Dru
License #597
Business Summary
Key Investment Insights
1. Freehold acquisition of a long-established boutique accommodation business in Strahan, offering property ownership rather than leasehold control.
2. Fully managed, low-touch investment with an on-site management couple living in the manager's residence, making it suitable for passive ownership.
3. Management operates under a contractor agreement and invoices owners $2,000 per week, covering guest check-in, housekeeping, maintenance, rate and booking management, and daily property upkeep.
4. Strong financial performance and growth, with profit to owners rising from $180,840 in FY2024 to $217,082 in FY2025.
5. Recently renovated units offering private bathrooms, kitchenettes or full kitchens, lounge and dining areas, undercover parking, and private verandas, supporting guest comfort and premium positioning.
6. Prime, tightly held Strahan location within easy walking distance to the village centre and key attractions such as Gordon River Cruises and the West Coast Wilderness Railway, enhancing demand and visibility.
7. Above-market occupancy and a strong reputation driven by a robust online presence, glowing guest reviews, high cleanliness standards, and repeat clientele.
8. Turnkey operation with solid systems and an established management team, requiring minimal owner input on day-to-day operations.
9. Clear upside opportunities to grow revenue through expanded marketing, increased direct bookings, and refined pricing strategies.
10. Rare market opportunity in a highly sought-after regional tourism precinct, combining lifestyle appeal with reliable income generation.
