Profitable Beachside Leasehold Motel on the East Coast of Tasmania
Bicheno, TAS, TAS
Description
Profitable Beachside Leasehold Motel on the East Coast of Tasmania ResortBrokers presents a unique opportunity to invest in the Wintersun Gardens Motel, a well-established Leasehold Business in the picturesque suburb of Bicheno, on the East Coast of Tasmania. The Wintersun Gardens Motel is not just a business, but a beachside lifestyle. The motel has been maintained and improved over the years. The addition of three new cabins in 2015 and a fresh coat of paint in 2022 have significantly enhanced its appeal. The property also boasts a range of facilities including a swimming pool, BBQ area, and a children's playground, all set within relaxed landscaped gardens. The motel is easily operated by a couple with minimal staff and has 23.5 years left on the lease, making it an ideal business for those seeking a balanced lifestyle underpinned by a steady net profit. The comfortable two-bedroom manager's apartment, complete with a large lounge, modern kitchen/dining room, and a family bathroom, offers direct access to the reception. Conveniently located a short 35-min drive from Freycinet National Park Effortlessly managed 14-room motel enhanced with 3 new cabins Positioned just 300m from the stunning Redbill beachfront Freshly painted in 2022, providing a modern aesthetic Prime location as the first motel encountered upon northern entry into Bicheno Set amidst beautifully landscaped gardens Inspections by appointment only
Financials
- Asking price
- $599,000
- Net profit
- $202,363
- Revenue
- —
- Profit multiple
- 2.96x
- Revenue multiple
- —
Agent
Marissa von Stieglitz
