Strahan, Tasmania
Fully Managed Freehold Accommodation Business in Iconic Strahan | Strong Returns
$1,300,000
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.
For a full Information Memorandum, copy and paste the following link into your web browser to complete the confidentiality agreement - https://www.mbs-public.com/public/66b35b5a-c766-488d-9394-a492ab4c3c3b/ca
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License #597
Business Summary
Key Investment Insights
1. Freehold accommodation business in Strahan, offering property ownership rather than leasehold, reducing landlord risk and providing asset value alongside trading income.
2. Fully managed, turnkey operation run under a contractor agreement by an on site management couple, suitable for passive ownership with minimal day to day involvement.
3. Management fees are clearly defined, with the managers invoicing owners $2,000 per week, covering guest services, housekeeping, maintenance and booking management.
4. Strong and growing profitability, with owner profits of $180,840 in FY2024 rising to $217,082 in FY2025, indicating solid financial momentum.
5. Recently renovated accommodation units, featuring private bathrooms, kitchenettes or full kitchens, generous lounge and dining areas, undercover parking and private verandas, supporting guest comfort and positive reviews.
6. Prime, tightly held Strahan location within close walking distance to the village centre, Gordon River Cruises, West Coast Wilderness Railway and other key tourist attractions, enhancing demand and visibility.
7. Above market occupancy and a strong online presence, supported by glowing guest reviews and a reputation for cleanliness and personalised service, driving repeat visitation.
8. Established systems and a well established management team provide operational stability and reduce transition risk for a new owner.
9. Clear upside potential through expanded marketing, increasing direct bookings and refined pricing strategies to further boost yield.
10. Low touch investment profile and lifestyle appeal, positioned in one of Tasmania's iconic tourist destinations with ongoing regional tourism investment supporting future demand.
