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)