Swansea, Tasmania
33-room oceanfront Leasehold property - Swansea - Tasmania | Resort Brokers ID : LH008437
$870,000
Business Description
Large 33-room oceanfront Leasehold property, located in Swansea on the highly sought-after east coast of Tasmania. This easily managed motel is a dream for a two-person team, offering accommodation only, with no food and beverage operations, providing a great beachfront lifestyle while earning a decent net profit.
The motel has demonstrated consistent year-on-year performance. The property offers fair market rent and a variety of room types, catering to a diverse clientele. The strong return clientele and group business are a testament to the quality of service and facilities provided, with regular motorbike and car groups, as well as coach tours.
The property has been meticulously maintained to a very high standard by the current tenants, with recent improvements including a complete external repaint, replacement of carpets, and furniture upgrades.
This location is ideal for exploring the east coast, with stunning views across Great Oyster Bay, and just a 45-minute drive to Coles Bay and Freycinet National Park. This is a unique opportunity to acquire a well-established and profitable business in a prime location.
- Large scale 33-room oceanfront property
- Easily operated by a two person team
- Accommodation only, no food and beverage
- Highly sort after east coast tourist destination
- Consistent year on year performance
- Fair market rent – 18 year lease
- Variety of room types
- Return clientele group business
Date updated: 10 Oct 2024 13:46:29
Business Summary
Business Snapshot
Price: $870,000
Net Profit: $282,248