15 Self Contained Units ,St Helens o/o $1,399,000

The turnover is up, the net has improved greatly and the sale price has come down, the time is ripe to purchase this immaculately presented complex. Re-presently very good value, with heaps of upside to be had.

Brilliantly presented and maintained at St Helens, on the beautiful east coast of Tasmania, the first motel entering St Helens from the north on the Tasman Highway.

It looks and feels as though the owners live here, a credit to their hard work, your home away from home. The awesome homemade raspberry jam, thriving vegie patch, the botanical gardens and the exotic birds all combine to give a real unique friendly experience.

All brick self-contained, 4 x 1 bedroom units, 1 ensuite room (not brick), 6 x 2 bedroom units and 4 x 3 bedroom units (including the owners). Each unit has easy access, no stairs, full kitchen and washing machine. There is a 2-bedroom disabled unit and a vacant block of land. All units are spacious, low maintenance, with colour bond roofs. The age of the units stem from 15 to 30 years approximately.

Enjoying 80% approval rating on trip advisor, quests comments are that the whole property is immaculately keep, charming with a menagerie of birds and animals, which varies from time to time, but may include horses, alpacas, budgerigars, pea hens, parrots and cows.

Guests also comment on the well equipped kitchens, affordable price, lack of noise and close proximity to the CBD. The Facilities include

– Full kitchen and cooking facilities

– Double or queen bed

– One, two and three bedroom apartments

– Fridge, microwave, oven and full sink

– All cutlery and cooking utensils

– Washing machine

– Private bathroom facilities

– Secure parking at your door

– Lounge room including sofa

– Dining table and chairs

– Electric heating

– Disabled access room

– Onsite owners/manager

– Family games

– Televisions

– Electric blankets

– One, two and three bedroom units

– Sleep up to 8 in one unit

The owners have done a wonder full job running this lovely complex, but there is plenty of upside (currently approx. 30 % occupancy) to be had from updating the kitchens, furniture etc . Also the tweeting of the web site so that quests can book on line, Adoption of 3rd party web sites would dramatically increase the turnover. Although a noble gesture a flat tariff through the year is not maximizing the net profit.

#13960

Broker: Paul Scott

If you a looking for a quality accommodation freehold business, with potential then contact the Tasmanian accommodation specialist Paul Scott on 0477 771 098

To complete an online confidentiality agreement, visit this business at: http://www.linkbusiness.com.au/13960

THE PURCHASER TO MAKE HIS/HER 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.