138 Collins St Hobart TAS 7000
$5,650,000 WIWO

SUMMARY
Largest Freehold Hobart Backpackers in Prime CBD Position High Turnover & Profit
PROPERTY DETAILS
Price
$5,650,000 WIWO
Listing Type
Commercial For Sale
Property Type
Hotel/Leisure
Method of Sale
Contact Agent
DESCRIPTION
Consistent and Strong Earner, outstanding and unique opportunity in this tourist orientated state.

Significant turnover around/ approaching $1m annually, current year up 22% on same period last year, due to the sheer size of the operation, potentially 169 beds in 69 rooms, total floor area 2,776 m2, this is potential gold mine.

Run under management for the last 5 years, all staff experienced and trained.

This substantial CBD building is centrally located and provides budget accommodation for the thousands of backpackers, tourists and seasonal workers who visit the popular Tasmanian Capital.

The budget style accommodation is highly sought after as the occupancy figures will show.

An owner operator would realise the vast growth potential that exists and correspondingly reap the rewards.

Spread over 4 levels, with a variety of room configurations, male and female bathrooms, spacious reception, guest kitchen, two lounge rooms, managers quarters and 5 staff bedrooms, guest and commercial laundries.

Hard wired fire-alarms and sprinkler system throughout, booking systems,24 cameras with 3 monitors in reception surveillance system..

An easily run operation, well known and long established.

Hobart accommodation business are tightly held, contact Tasmania's foremost accommodation business brokers.

Call Praveen Pant on Reveal Phone or contact Paul Scott on Reveal Phone email: Send Message.au/ Visit Website INTENDING PURCHASERS TO MAKE THEIR 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.

NOTE: All figures are approximate.

Property Code: 1982
INFORMATION
New or Established
Established
MORE INFORMATION
MORE FROM THIS SELLER See all ads from seller
40 Gunns Parade Low Head TAS 7253 14

40 Gunns Parade Low Head TAS 7253

18 Acre Freehold Tasmanian Ocean Frontage Cabin/Caravan Park/Development Potential $1,190,000
$1,190,000
More than 1 month ago
Low Head , TAS
New
Kempton TAS 7030 23

Kempton TAS 7030

Huntington Tavern, 30 Year Lease Offers Over $99,500+Sav
OFFERS OVER $99,500+SAV
More than 1 month ago
Kempton , TAS
New
Little Swanport TAS 7190

Little Swanport TAS 7190

100% Online Easy To Operate Business Owner Working Only 20 Hrs Per Week O/O $59,000 WIWO
Offers Over $59,000 WIWO
More than 1 month ago
Little Swanport , TAS
New
YOU MAY ALSO LIKE
42 George Street BOWEN QLD 4805 7

42 George Street BOWEN QLD 4805

$1,750,000 + GST
CBD BUILDING. LIKE NEW.
For Sale
Yesterday
BOWEN , QLD
179 Gordon Street PORT MACQUARIE NSW 2444 19

179 Gordon Street PORT MACQUARIE NSW 2444

Contact Agent
FIRST TIME OFFERED IN NEARLY 30 YEARS
For Sale
Yesterday
PORT MACQUARIE , NSW
11 Franklin St Swansea TAS 7190 23

11 Franklin St Swansea TAS 7190

$299,000 WIWO
Exceptional Million $ T/O Restaurant Cafe Takeaway, Netting More Than The Asking Price
Contact Agent
Yesterday
Swansea , TAS
56 Sandville Pl Sandford TAS 7020 3

56 Sandville Pl Sandford TAS 7020

$250,000 INC 2 TRUCKS
Owner operated profitable cleaning business servicing Hobart and East Coast Tas Netting>$120K FY24
Contact Agent
5 days ago
Sandford , TAS
13/219-223 Victoria Street TAREE NSW 2430 14

13/219-223 Victoria Street TAREE NSW 2430

Offers Invited
Prime Commercial Space for Sale and Lease in Taree’s Main Street
For Sale
5 days ago
TAREE , NSW
1/31-33 Coral Street THE ENTRANCE NSW 2261 7

1/31-33 Coral Street THE ENTRANCE NSW 2261

GUIDE: $690,000
FANTASTIC BEACHSIDE INVESTMENT - BLUE CHIP LOCATION
For Sale
5 days ago
THE ENTRANCE , NSW
61 Pine Mountain Road North Ipswich QLD 4305 27

61 Pine Mountain Road North Ipswich QLD 4305

EXPRESSIONS OF INTEREST CLOSING 5/12/2024
FREEHOLD INVESTMENT – ICONIC IPSWICH LANDMARK
Expres of Interest
1 week ago
North Ipswich , QLD
54 Crescent Street Gatton QLD 4343 30   1

54 Crescent Street Gatton QLD 4343

Offers Over $1M or $68,880pa+GST+Outgoings
FOR SALE OR LEASE: PREMIER COMMERCIAL OPPORTUNITY IN GATTON CBD
Contact Agent
1 week ago
Gatton , QLD
SHARE
THIS AD
Back to Top