Tasmania Motel Style Accommodation – Freehold Going Concern

This accommodation business, offered for the first time in 30 years, is a clear example of an asset with room to grow or maintain the existing 11 large apartment motel-style apartments.

Set on an approximate 7,000m² landholding with private right of way, this purpose-built accommodation property and business presents a rare freehold opportunity in one of Tasmania’s most tightly held coastal tourism corridors.

The property comprises 11 motel-style accommodation units, including fully self-contained apartments. A total accommodation capacity of approximately 48–56 guests, depending on configuration.

Or live in one 2-bedroom accommodation unit and run the business as a 10-unit motel

The Motel-style Apartments offer full kitchen and laundry facilities, suited to families and extended-stay guests, while the lodge suites with kitchenette facilities cater to short-stay, corporate and touring guests. This dual-format offering gives an incoming operator flexibility to capture multiple guest segments across the one asset.

The business is already delivering established income, with recent trading data showing a revenue uplift of approximately 16.7% (Jan–March comparison), a strong indicator of positive momentum under current management.

Pricing remains under-optimised relative to comparable properties, leaving clear scope for an incoming operator to lift yield through disciplined rate and revenue management.

Highlights:

• 11 accommodation units: self-contained cottages and Sherbourne Lodge suites
• Total capacity approx. 48–56 guests depending on configuration
• Apartments: full kitchen and laundry, ideal for families and extended stays
• Apartment suites: kitchenette facilities, suited to short-stay, corporate and touring guests
• 7,000m² freehold landholding, including private right of way
• Established income with demonstrated recent growth (16.7% revenue uplift, Jan–March)
• Under-optimised pricing – clear upside for a hands-on operator
• Strategic East Coast Tasmania tourism location

This is a genuine opportunity for a live-in accommodation operator to deploy dynamic pricing and yield strategies to unlock its full potential – full transition period and training offered.

Asking Price: Expression of Interest