This is an opportunity to acquire a lovely property a short drive from Hobart in a charming town in the heart of the gorgeous Huon Valley with the added benefit of an easy income. The house content will be kept by the vendors but the bed and breakfast content is offered as-is with all its furniture to allow the continuation of the business without interruptions. Please contact us to arrange an inspection.
This beautiful property is on approx. 2000 sq. m level land close to the town shopping district and on the main tourist road into town, giving it great visibility to the passing trade. It consists of a lovely home (circa 1910) and a separate, purpose-built bed and breakfast building with its own guest access and parking. Both buildings are in excellent condition throughout and present really well, surrounded by hedges and beautiful low maintenance gardens.
The freshly painted white timber and corrugated iron roof house has a master bedroom with built-in, a large bathroom with cloakroom, a second bedroom, a third bedroom/study, a spacious living and dining area with fire place and a modern kitchen with a walk-in pantry. The house is warm and inviting with high ceilings, stain glass windows and floorboards throughout the living areas and the kitchen. There is also a paved patio, a grass yard, a carport and an enclosed garage with an office attached.
The 4.5 star Bed and breakfast building is accessed through an attractive pitched roof entrance with stained glass windows. This attractive guest entrance leads to a common breakfast and lounge area that is spacious, light-filled and well-furnished. It has floorboards and a fire place and leads through wide French doors to a charming enclosed yard with outdoor seating for the enjoyment of guests. The three well-appointed and spacious guest bedrooms with good size ensuite bathrooms are on the same level and adjoin the common area and a lovely courtyard. There is a concrete parking area for guest vehicles and concrete driveway and paths for the owners as well.
The business was first established in 2003 with the conversion of the original coach house into a B&B. The rest of the current accommodation building was added in 2005. The business has been operating successfully since then with adjusted occupancy averages of 60% throughout the year (up to 90% in summer). The main customer base is local industry representatives, relatives and friends of locals and domestic and international tourists, with retirees in the majority. In addition, Walton House frequently hosts wedding guests attending the nearby Home Hill winery. The business enjoys a very high reputation with excellent online reviews (it is no 1 on TripAdvisor and Booking.com) and receives repeat customers and frequent referrals. In fact, it is the only 4.5 star-rated B&B in the Huon Valley region. It is easily run by a couple with no need for employees. Turnover has been consistent over the years with current levels of $65k per annum expected to improve due to a recent increase in Tariffs and a growing number of inbound Chinese visitors to the area.
2720 Huon Highway, Huonville, 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..