Business Summary

We are excited to offer this freehold opportunity- holiday apartments in the touristy town of Tasmania comprising of 6x2 bedroom fully furnished self-contained apartments and 1x3 bedroom open plan living managers/ owners house.
Current owners of approx 12 years are now ready to retire and pass this impressive business and property to someone who is looking for an investment or a business that offers a beautiful lifestyle in an adventurous town sitting on Macquarie Harbour on Long Bay in Strahan.
Some distinct features of this opportunity:
>The business is top-rated by Tripadvisor and enjoys great reviews from all patrons. (https://www.tripadvisor.com.au/Hotel_Review-g504331-d1523491-Reviews-Castaway_Holiday_Apartments-Strahan_Tasmania.html)
>West Coast Tasmania had approx 67,000 visitors in 2022. Strahan is popular for Gordon River Cruises, World Heritage Cruises, West Coast Wilderness Railway, MTB Trails & more.
>All the apartments are fully furnished, located on the premises is a guest laundry and an outdoor BBQ area for quiet enjoyment of guests.
> In-house laundry for owners.
>Hot water, and gas cylinders for every apartment.
>Plenty of off-street and street parking, free.
>Located on Harvey St, this property is in close proximity to restaurants, local IGA and other outdoor attractions.
>At the price of buying 1 house on the mainland, an astute investor can buy these apartments and build their portfolio.
>This opportunity would suit anyone-there is no shortage of tourists in this area.
>Occupancy in 2022-2023 is more than 78% and the current year's forward bookings have already surpassed the previous FY.
>Zoned General Residential, rare freehold on approx 3541 square meters, there is excess land to build more accommodation stca.
>Built circa 1999, immaculate presentation, easy-to-maintain premises with beautiful landscaped lawn and garden area.

Netting more than $146,000 in FY 2022, this property offers stable consistent income for the owners. Buy and manage or let out long term, choice is yours, shortage of accommodation in this region.
Priced to sell at offers over $965,000. This property deserves an inspection.

Contact Paul Scott email: [email protected] ph 0477 771 098 or Praveen Pant 0432 256 682 INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. NOTE: All figures are approximate.

Property Details