Two Freehold Short Stay Apartment Complexes
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
On offer here is an established family business, that has been owned and operated by the current owners for 30 years, in the stunning harbour-side village of Strahan.
On the edge of the Tasmanian Wilderness World Heritage Area, Strahan has a fascinating convict past and is 300km from Hobart and 226km from Devonport.
The gateway to the south-west wilderness, Strahan is a busy travel destination offering amazing activities - such as cruising Macquarie Harbour, long stretches of beach and ocean, massive sand dunes and forest, and delicious local produce.
On offer here are two freehold self-contained apartment complexes offering short stay accommodation to families, special interest groups and seniors.
Sharonlee Strahan Villas sits on 6,865sqm across 8 residential lots, and features 10 self-contained 2-bedroom villas, a 1-bedroom villa, and a combined reception and laundry building. The property is self-rated 3.5 Star and is a member of the TasVillas booking group.
Marsden Court is across the road from Sharonlee, on a single residential lot of 5673sqm, and comprises 4 self-contained 2-bedroom apartments and 8 studio apartments. The property is self-rated 4 Star and is a member of the Innkeepers booking group.
At a glance:
* Both complexes are well built, well maintained and in very good condition.
* The business began operation in 1973 with the first 2 units opening. Since then more have been built over the years with the latest Marsden Court development built in 2006.
* Occupancy is good and turnover is healthy, continuing an upward trend from FY 11/12.
With excellent staff in place and happy to stay on, the properties are offered on a walk-in walk-out basis with some minor exclusion. A purchase offer on only one with a lease back on the other may also be considered.