Tasmania; Be Quick, We Don't Get to Offer Passive Investments Like This Often
Tasmania; Be Quick, We Don't Get to Offer Passive Investments Like This Often
Tasmania; Be Quick, We Don't Get to Offer Passive Investments Like This Often
Tasmania; Be Quick, We Don't Get to Offer Passive Investments Like This Often
Tasmania; Be Quick, We Don't Get to Offer Passive Investments Like This Often
Tasmania; Be Quick, We Don't Get to Offer Passive Investments Like This Often
Tasmania; Be Quick, We Don't Get to Offer Passive Investments Like This Often
Tasmania; Be Quick, We Don't Get to Offer Passive Investments Like This Often
Tasmania; Be Quick, We Don't Get to Offer Passive Investments Like This Often
Tasmania; Be Quick, We Don't Get to Offer Passive Investments Like This Often

Tasmania; Be Quick, We Don't Get to Offer Passive Investments Like This Often

$2,820,000 Exclusive

First time offered as a passive investment. Your inspection will note that this is a beautifully maintained property and offers excellent freehold value with a motel and a free-standing house as part of the freehold mix.

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
  • Freehold includes a function room and a licensed breakfast/function room
  • Business not aligned with any motel chain to maximise profits
  • Arguably one of the best presented 3-bedroom managers houses in the state
  • Situated in a North-West Tasmanian City with fantastic future
  • Offered with a brand new 5 year lease with 5 x 5 year options to be sold.
  • Tenant pays all outgoings including rent, rates, land tax and insurance.
  • New lease and Freehold Passive Investment to be sold concurrently

NB: Property inspections are by appointment only

 

 

 

Key Details

Listing Ref: INV005103
Property Type: Motel
Region: TAS - North West Region
Suburb: Devonport
Sale Type: Freehold Passive Investment
Price: $2,820,000

Listing Agent(s)