Motel and accommodation for sale, Hobart TAS

About the business

An established accommodation business with a freehold property holding on Tasmania's East Coast. It has 6 fully furnished, self-contained cottages and 5 separately letting Lodge Suites. Accommodation capacity is approximately 4856 guests. It has comprehensive onsite commercial laundry facilities. It is offered for sale for the first time in 35 years, as a freehold going concern. There is council approval for an additional 7 apartments. The broker reports the owners have operated at a level suited to their preferred lifestyle rather than maximising occupancy or turnover.