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Motel · Swansea · LH008437

Large 33-room oceanfront Leasehold property, located in Swansea on the highly sought-after east coast of Tasmania. This easily managed motel is a dream for a two-person team, offering accommodation only, with no food and beverage operations, providing a great beachfront lifestyle while earning a decent net profit.

33-room oceanfront Leasehold property - Swansea - Tasmania

Large 33-room oceanfront Leasehold property, located in Swansea on the highly sought-after east coast of Tasmania. This easily managed motel is a dream for a two-person team, offering accommodation only, with no food and beverage operations, providing a great beachfront lifestyle while earning a decent net profit. The motel has demonstrated consistent year-on-year performance. The property offers fair market rent and a variety of room types, catering to a diverse clientele. The strong return clientele and group business are a testament to the quality of service and facilities provided, with regular motorbike and car groups, as well as coach tours. The property has been meticulously maintained to a very high standard by the current tenants, with recent improvements including a complete external repaint, replacement of carpets, and furniture upgrades. This location is ideal for exploring the east coast, with stunning views across Great Oyster Bay, and just a 45-minute drive to Coles Bay and Freycinet National Park. This is a unique opportunity to acquire a well-established and profitable business in a prime location.

Net profit
$282K
Asking $870,000
Status
Sold

The business at a glance.

  • Large scale 33-room oceanfront property
  • Easily operated by a two person team
  • Accommodation only, no food and beverage
  • Highly sort after east coast tourist destination
  • Consistent year on year performance
  • Fair market rent – 18 year lease
  • Variety of room types
  • Return clientele group business
33-room oceanfront Leasehold property - Swansea - Tasmania

Swansea, TAS

Swansea, TAS

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Marissa von Stieglitz

Marissa von Stieglitz

National Sales Manager & Tasmanian Specialist

0437 198 164
07 3878 3999

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Motel · Swansea · LH008437 · Swansea, TAS · ResortBrokers