42 Manuka Road OYSTER COVE TAS 7150
$950,000 Plus

SUMMARY
Acreage, Privacy and Cashflow
PROPERTY DETAILS
Price
$950,000 Plus
Listing Type
Residential For Sale
Property Type
House
Bedrooms
7
Bathrooms
5
Method of Sale
For Sale
DESCRIPTION
Currently generating an annual income of over $110,000 per year, Oyster Cove Chalet is a well-established business and residence. Satisfaction ratings include a 5 out of 5 on TripAdvisor, equal 3rd top rated in the Greater Hobart area for accommodation with 4-100 rooms on Expedia and listed at "9.5/10 Exceptional" on Booking.com means the already high occupancy levels will continue to grow.

Located less than 25 minutes from Hobart in the thriving tourism hotspot of the Channel region in Southern Tasmania which boasts gourmet food, picturesque scenery and some of the best cruising waters in the world. The Oyster Cove Marina in Kettering is the gateway for the D'entrecasteaux boating scene and hosts the Bruny Island ferry terminal that carries thousands of holiday makers and locals alike to this stunning, nearby attraction.  

The House: Recently renovated, the home presents virtually as-new. Sumptuously decorated with soothing neutrals and featuring a stunning, open-plan kitchen/lounge/dining area which flows onto an enormous north-facing, two level deck. This provides entertaining space for any occasion, perhaps even weddings overlooking the tranquil, low-maintenance grounds. The four-bedroom home has been designed to utilise one of these rooms as reception and office space with separate, external access. The extensive renovation list below speaks of the owners' attention to detail with regards to the upgrades and improvements made to the whole property. 

New 5.3kW tier 1 solar power system

New kitchen 

New bathroom 

New laundry 

New double-glazed windows 

New floor coverings 

New paintwork 

New wood heater 

New heat pump 

New wiring and lighting 

New plumbing 

New gas connection 

New insulation to ceiling and external walls 

The business: will be sold on a walk in - walk out basis. Everything needed to keep operating will be included in the sale price. The four extremely popular, spacious, accommodation units are fully furnished and have their own ensuites, three with a spa, the other is disabled accessible. They also include a kitchenette and a wraparound veranda for the complex provides guests with their own private, outdoor dining and barbeque area from which to appreciate the native wildlife and birds, amidst the natural beauty of the six-acre parcel. A self-service laundry has a new 10kg washing machine plus a storage room available for guest usage. Tank water and a bore with new pumps ensures an excellent water supply at all times. The current owner has invested heavily in setting up a very simple to use Reservations and Marketing system which is automated 24/7 for almost 85% of all bookings. This allows the freedom to monitor new bookings flowing in remotely via smart phone or tablet from anywhere, enabling the owner to take maximum advantage of the superb lifestyle on offer in Southern Tasmania for themselves as well.

The steadily increasing income is being generated on the accommodation portion of the business only. The accommodation building also includes a fully equipped commercial kitchen with a café style seating area which could just be utilised for visitors or opened to the public on a regular basis, subject to council approval, as the area has such a high demand for quality dining options. If cooking is not your passion, then simply use the space as a conference or function centre. There is even an additional toilet for restaurant patrons. The possibilities are endless and the best part is you don't have to start from scratch, it's already making money!  

Call for an inspection today but please note, due to the number of bookings it may not always be possible to view inside the suites.  
Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
INFORMATION
New or Established
Established
Garage spaces
4
Land size
3 ha
MORE INFORMATION
Heating/Cooling
Air Conditioning
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