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.
- 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
||TAS - North West Region
||Freehold Passive Investment