Tasmania; Excellent Seaside Leasehold Motel with great profits
Tasmania; Excellent Seaside Leasehold Motel with great profits
Tasmania; Excellent Seaside Leasehold Motel with great profits
Tasmania; Excellent Seaside Leasehold Motel with great profits
Tasmania; Excellent Seaside Leasehold Motel with great profits
Tasmania; Excellent Seaside Leasehold Motel with great profits
Tasmania; Excellent Seaside Leasehold Motel with great profits
Tasmania; Excellent Seaside Leasehold Motel with great profits
Tasmania; Excellent Seaside Leasehold Motel with great profits
Tasmania; Excellent Seaside Leasehold Motel with great profits

Tasmania; Excellent Seaside Leasehold Motel with great profits

$575,000Sold

Your chance to purchase one of the most established and best maintained motels on the North Coast of Tasmania. Positioned to attract both the visiting tourist, corporates, local workers and Tasmanian day trippers.

Key Features

  • This well maintained and long established motel constantly throws excellent profits
  • Arguably one of the best 3 bedroom manager’s units in a Tasmanian motel
  • 29 rooms offering standard, executive, family motel rooms and a 2 b/r apartment
  • Fully staffed restaurant, popular with guests and locals
  • A self-contained function room providing another cash-flow opportunity
  • Outdoor pool popular with guests and a pleasant bbq area
  • Current owners work 4 days; Staff wages savings here
  • Offered by the freehold owners with a 30-year lease at Market rent
  • Look at this great return!  37% return on the asking price. Be Quick! 

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH004696
Property Type: Motel
Region: TAS - North West Region
Suburb: Ulverstone
Sale Type: Leasehold
Net Profit: $215,000
Price: $575,000

Listing Agent(s)

Agent Feedback

I have known Shane for some time and ended up choosing him as an exclusive agent among the many available in Cairns because of his high ethical standards, knowledge of the industry and accurate vetting of potential buyers. He listens well to ideas presented but is not afraid to voice his own opinion, which was always backed up with sound statistics and market knowledge, proving valuable in guiding the process to the best outcome. I would not hesitate to recommend him noting that he was also recommended to me by an outgoing manager who sold his business through Shane.

- Andrew Marflett
Vendor,
Waterfront Terraces

We would like to say a huge thanks to Shane Mullins for his professionalism and effort to finalise the deal for our leasehold purchase. It was a pretty special set of circumstance for our purchase, and we wouldn’t have got past the first base, let alone completed without your involvement. We very much look forward to building the business into a very healthy going concern for you to take back to the market in the next 12-24 months!

- Max Nulley
Purchasers,
Lyndoch Motor Inn

Shane Mullins made us completely proud with his efficiency and diligence in the sale of our property City Park Gardens. His process working towards the list price was always the primary focus and he achieved great results. We look forward to buying our next property through Resort Brokers! Shane Mullins made us completely proud with his efficiency and diligence in the sale of our property City Park Gardens. His process working towards the list price was always the primary focus and he achieved great results. We look forward to buying our next property through Resort Brokers!

- Shane & Sandra Croghan
Previous Owners,
City Park Gardens