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Prime Freehold Opportunity: 41 Key Property Just 1 Hour from Hobart | Resort Brokers ID : FH008355
$4,000,000 plus
Hotel hospitality, Eaglehawk Neck TAS
The Lufra Hotel and Apartments is a unique freehold offering located 75km southeast of Hobart. This expansive property features 25 traditional rooms and 16 self-contained units, all strata titled and boasting stunning sea views. With a large restaurant, bar, and conference room, the Lufra Hotel presents a significant opportunity for transformation into a luxury destination. Currently run under management, the property needs some TLC, which is reflected in the purchase price. For an owner-operator or experienced management team, this is a compelling chance to capitalise on the area's growing tourism demand.
Situated in a prime location known as the"gateway to the Tasman Peninsula,"the Lufra Hotel is only 20 minutes from the historic Port Arthur site and serves as an ideal base for exploring the region's geological wonders and historical attractions. An independent valuation is available, underscoring the property's immense potential.
Seize this rare opportunity to transform the Lufra Hotel and Apartments into a premier luxury destination and leverage the thriving tourism market in this esteemed area.
Located in the breathtaking Tasmanian Peninsula
The largest motel accommodation in the Tasmanian Peninsula
Ideal for an owner-operator or experienced management team
Potential to become the regions' premier accommodation destination
Independent valuation available
Comprises 16 apartments and 25 hotel rooms
Features an onsite restaurant and conference facilities
Inspections are by appointment only
Submit best and final offers $4,000,000 by 12 noon Friday, September 6th
Date updated: 19 Nov 2024 22:00:01
More Information
- Total Purchase Price: $4,000,000 plus
- Net Income: $ 497,586
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?