This Tasmanian Leasehold Offers a Great Lifestyle and Profit
 This Tasmanian Leasehold Offers a Great Lifestyle and Profit
 This Tasmanian Leasehold Offers a Great Lifestyle and Profit
 This Tasmanian Leasehold Offers a Great Lifestyle and Profit
 This Tasmanian Leasehold Offers a Great Lifestyle and Profit
 This Tasmanian Leasehold Offers a Great Lifestyle and Profit
 This Tasmanian Leasehold Offers a Great Lifestyle and Profit
 This Tasmanian Leasehold Offers a Great Lifestyle and Profit

This Tasmanian Leasehold Offers a Great Lifestyle and Profit

$844,000 Exclusive

First time offered as a leasehold business. Your inspection will note that this is a beautifully maintained property and offers excellent opportunities to increase the business to another level.

Key Features

  • Well established with repeat Tasmanian, national and international guests
  • 25 motel rooms from executive apartments, two-bedroom units and motel rooms
  • The business also has an adjacent three-bedroom house for larger groups
  • Two under-utilised function/breakfast rooms beg for future expansion into conferences etc
  • Business not aligned with any motel chain to maximise profits
  • Arguably one of the best presented 3-bedroom managers houses
  • Situated in a North-West Tasmanian City with fantastic future plans
  • New 5-year lease with 5 x 5 year options, annual CPI rental increases and market rent
  • Excellent marketing systems in place to enable profits making from day 1

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH005014
Property Type: Motel
Region: TAS - North West Region
Suburb: Devonport
Sale Type: Leasehold
Net Profit: $277,553
Price: $844,000

Listing Agent(s)