Tasmania; Excellent Seaside Leasehold Motel with great profits
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.
- 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