Accommodation & Wellness - Tasmania

Hobart, Tasmania 7000

$690,000

Key Features

AI generated. Contact seller to confirm.

  • Freehold property and business sold together
  • Town’s only sit-down restaurant, seating around 60
  • Four-room air-conditioned lodge with shared facilities
  • Infrared sauna with potential for wellness packages
  • Comprehensively renovated in November 2024
  • Run under management with chef/kitchen manager in place
  • Net Profit: $Profitable in FY2026 under full management

Business Details

Business Category Bed and Breakfast

A freehold hospitality business in Maydena, Tasmania, with the town's only sit-down restaurant, a 4-room lodge and an infrared sauna on one site. The business and the building are sold together.

The Opportunity
The business is currently run under management for an owner who lives interstate. It suits a hands-on owner-operator or a couple ready to take on the management roles themselves and grow the business.

The Restaurant
- Only sit-down restaurant in town, seating around 60 inside and on the balcony
- The main income stream, with more than half of customers being visitors
- Currently closes over winter by choice, so a new owner can trade year-round

The Lodge
- Four air-conditioned twin rooms with shared bathrooms, kitchenette and balcony
- A practical base for riders, hikers and groups
- Peak-season occupancy above 80%, with spare capacity outside the peak for packages, groups and clubs

Wellness
- An infrared sauna on site, ready to grow into yoga, treatments and stay packages

The Property
- Comprehensively renovated in November 2024, with no further work expected
- Zoned for short-stay accommodation

Location
Maydena sits in the Upper Derwent Valley, close to Maydena Bike Park and Mt Field National Park, home to Russell Falls. The State Government is funding a new arrival area at Mt Field, including coach and motorhome parking. The site is also at the southern end of the proposed Derwent Valley Rail Trail.

Key Features
- Freehold and business sold together
- Only sit-down restaurant in town
- 4-room lodge and infrared sauna on the same site
- Building renovated November 2024
- More than half of customers are tourists
- Peak-season lodge occupancy above 80%
- Run under management, with a chef/kitchen manager in place
- Profitable in FY2026 under full management
- Room to grow: winter and Monday/Tuesday trading, stay-and-dine packages, groups, functions and wellness

Freehold ownership, the town's only sit-down restaurant, plus accommodation and wellness on one site. Ready for a hands-on owner to take it further in Tasmania's adventure country.


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