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      Motel business for sale in Devonport

      • Motel
      • 112-114 North Fenton Street Devonport TAS 7310
      • $844,000

      This Tasmanian Leasehold Offers a Great Lifestyle and Profit | Resort Brokers ID : LH005014


      First time offered as a leasehold business. Your inspection will note that this is a beautifully maintained property and offers excellent opportunities to increase the business to another level.


      • Well established with repeat Tasmanian, national and international guests

      • 25 motel rooms from executive apartments, two-bedroom units and motel rooms

      • The business also has an adjacent three-bedroom house for larger groups

      • Two under-utilised function/breakfast rooms beg for future expansion into conferences etc

      • Business not aligned with any motel chain to maximise profits

      • Arguably one of the best presented 3-bedroom managers houses

      • Situated in a North-West Tasmanian City with fantastic future plans

      • New 5-year lease with 5 x 5 year options, annual CPI rental increases and market rent

      • Excellent marketing systems in place to enable profits making from day 1


       
      NB: Property inspections are by appointment only

      Business Highlights

      Business ID

      2014005140

      Last updated

      18 May 2018

      Category

      Motel, Accommodation & Tourism, Real Estate, Professional Services

      Map for 112-114 North Fenton Street Devonport TAS 7310

      362 Montague Rd West End QLD 4101

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