1 Penghana Rd, Queenstown, Tasmania

$600,000 negotiable

Property Description

Tasmanian Freehold Motel, 41 ensuites, 46 backpacker rooms, managers home, $600,000 negotiable

There is a lot of infrastructure here for the negotiable asking price, $600,000, 41 en-suite and 46 backpacker rooms, owner's 2bdr home with commercial kitchen and restaurant. Guest lounge, function room and guest coin operated laundry.

This motel is situated in a town where the Tasmanian government has provided the major mine with funding to the tune of $9.5m to reopen.

Currently only offering accommodation, has had many thousands of dollars spent on refurbishments and low maintenance improvements.

When the mine reopens, not if, but when, combined with the increasing Tasmanian tourism numbers, this has the potential to earn income per annum, many times the asking price.

If you are looking for value, can look outside the box and appreciate a bargain, then pick up the phone and contact The Tasmanian Accommodation Business Broker Paul Scott on 0477 771 098

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

Property Code: 19

Property Summary

Marketing Agent


Marketing Agency

Tasmanian Business & Property Sales

Tasmanian Business & Property Sales

Tasmanian Business & Property Sales

Paul Scott
Tasmanian Business & Property Sales

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Map Location ( get directions )

1 Penghana Rd, Queenstown, Tasmania 7467

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