This excellent freehold motel is on offer for sale as a going concern on walk-in walk-out basis inclusive of the content of the cottages and studios. The current owners will train an incoming owner before fully retiring
This solid brick motel is situated on three adjacent titles totalling 2937 sqm. The first title has two attached studio apartments, a large shed and two smaller sheds. The second title has three cottages, as well as a guest laundry and guest BBQ. The third title has the residence, a large shed and external laundry.
The manager’s residence has three good sized bedrooms, two living areas, a dining area, kitchen, separate walk in pantry, bathroom (with bath and separate shower) and separate toilet. It also contains the office/reception
The three cottages each have two bedrooms, a combined living, dining and kitchen area, and bathroom.
The two studios are large and contain a fully equipped kitchen.
The business has been in operation since 1998, and it has been in the hands of the current owners since 2007. It is a very easy business to run with a good return on investment regarding capital and time invested. The current owners run the business without external help and enjoy a comfortable lifestyle. The business has excellent visibility, great online reviews and is well positioned to benefit from the growth in tourism to the area.
Masons Cottages is located on the popular Tasman Peninsula just ten km from the famous Port Arthur Penal Settlement. It is easily accessed from Hobart being 70 km by road from the Hobart Airport and 86 km by road from the Hobart CBD.
The property is located 10 km from The Tasman Peninsula’s most famous landmark, the Port Arthur Penal Settlement. It is located a short distance from other well-known places such as the Tasman Arch and Devils Kitchen, the Eaglehawk Neck Dog Line, the Tessellated Pavement, Ship Sterns Bluff (home of the “big waves” for surfers), and the Saltwater River Convict Coal Mines site. There are several bush walks, from easy to quite difficult, including one of Tasmania’s best-known bush walks to Cape Huay.
Subject to council approval, there is adequate vacant land to allow for further development.
5741 Arthur Highway, Taranna, Tasmania, Australia
Company Director, Accommodation Properties P/L
Alex Omran is a licenced Real Estate Agent and Business Broker with many years of commercial experience. After completing a Bachelor of Commerce and obtaining a Diploma in Company Directorship, Alex spent his early career in banking and finance with..