10 X 2 Bdr & 1x 1bdr Self-contained Fully Furnished Villas Incredible Value Offers Over $1,095,000

21 Andrew Street, Strahan, Tasmania 7468

SOLD

Key Features

AI generated. Contact seller to confirm.

  • 10 x 2 Bdr and 1 x 1 Bdr villas
  • Located in attractive gardens
  • Fully furnished with linen and crockery
  • Recently upgraded with air-conditioning
  • Popular tourist destination in Strahan
  • Potential for boundary adjustments
  • Turnover: $385,000
  • Net Profit: Not disclosed
  • Rent/Lease: Lease in place
  • Stock Value: Included
  • Established: almost 50 years

Business Details

Business Category Backpacker Hostel Bed and Breakfast Motel

Make no mistake this is not a misprint, these units present extremely well, are located in attractive gardens, and have been regularly maintained and upgraded.

Sell your home live in one unit and either operate as is the current usage, overnight accommodation, generating approximately $385,000 (from 10 units) in 2023, or let on a permanent basis, which should return around $150,000 plus pa.

Upside exists to do slight boundary adjustments as these villas are on 8 titles ( with road frontage) and sell

Additionally included are the reception, commercial, and guest laundries, approximately 79m2.

These units have recently had split system air-conditioners installed, floor coverings and window furnishing replaced, new furniture and painted. They come fully furnished, with linen, crockery, and cutlery. The complex has commercial and guest washing machines.

Manicured lawns with trees, scrubs, and an established rose garden in the old railway turning circle.

The fastidious owners originally built the units and have lovingly maintained them, it has been a labour of love, for almost 50 years.

Located in Strahan, on the West Coast of Tasmania, a very popular tourist destination and a thriving centre for fish farming and Huon Pine.

This type of opportunity may never come your way again, so give it priority if it is of interest. Many times below the replacement value. GST may be applicable if turned into permanent lets,

For further information on this exciting and rare opportunity contact Neha Suyal at XXXXXXXXXX or Paul Scott at XXXXXXXXXX or email XXXXXXXXXX

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.

Please Note: All figures quoted are approximate.

What's Nearby

Similar Businesses For Sale

This business is somewhat unique and has no similar competition in this region, category or price bracket.

Contact Seller
Business Brokers Network Australia Business Brokers Network Australia
Paul Scott

Bsale ID: 640506