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Offers over $699,000
Located in the scenic Tamar Valley wine growing region, 54 km north of Launceston and close to major tourist attractions this quality land, improvements & business are being sold as one. With a total of 2622m2 of magnificent land and views, along with an already established motel business, restaurant and residence.
Property Description - The property comprises a partial two level freestanding motel & and restaurant complex. Located on a site with a land area of approximately 2,622m2
CERTIFICATE OF TITLE
- Volume 62543 Folio 5 (910sqm)
- Volume 247687 Folio 1 (1,712 sqm)
- Total - 2,622 sqm
- Zoning Rural Living
BUILDINGS
Main external walls - Brick, Vertical board, cement sheet, rendered bricks
Roof - Corrugated galvanised iron
Window frames - Timber
Floors - Concrete and timber
Heating - Reverse cycle units and electric heaters
Main interior linings - Plaster and hardboard
Lighting - Fluorescent / Incandescent
Fire service - Fire Extinguishers / smoke and heat detectors, emergency signs
BUILDING AREAS
Motel Units - 250 sqm
Restaurant / Kitchen - 133 sqm
First floor restaurant - 63 sqm
Self - Contained unit - 50 sqm
Pool shed - 23 sqm
Store / laundry - 28 sqm
TOTAL - 547 SQM
The motel has a total sleeping capacity of 26 people, including 6 x 1 bedroom ensuite units, 2 x 2 bedroom ensuite units and one self-contained unit. All of this on two titles. The motel office is located inside the restaurant building with on-line booking system to attract motel guests. Motel has a quality 3.5 star accreditation.
The property has a restaurant and bar located on two levels - boasting fantastic views. The restaurant seats 70 indoors and 40 alfresco diners. The bar is fitted with drink fridges / food display cabinet and barista area. The bar store has a commercial glass washer and temperature controlled cellar. The property is issued with a Special Liquor Licence, NO
The kitchen has been fitted with commercial cooking equipment, Convotherm steam & bake oven / 2 commercial gas ovens with gas hotplates and grill / double basket electric fryer / commercial dishwasher / walk in cool room and freezer.
A laundry is located at the rear of the building with 2 commercial washing machines and a commercial dryer for servicing of the motel laundry.
The property has a concrete in-ground pool and seating area with adjoining workshop and Bbq area.
Tamar Cove has been under the current ownership for 16 years with an annual turnover in excess of $750,000 with a strong bottom line. The business currently operates 7 days a week, however, this could be tailored to suit the lifestyle of the new owners.
ADVERTISED PRICE:- Offers over $699,000
The advertised price includes the freehold property & buildings.
This has been prevoiusly valued at $800,ooo
With the Real Estate at $700,000 and business portion $100,000.
BEAUTY POINT
Beauty point is a well-known town in the Tamar Valley, 50 minutes’ drive northwest of Launceston.
The town serves as a good starting point for exploring some of Northern Tasmania's natural attractions. Greens Beach is a 15 minute drive northwest of Beauty Point and at the very mouth of the Tamar River, has a scenic lookout and is a popular holiday destination.
Garden Island, immediately north of the town is well known for its fishing. Sandy Beach offers safe swimming areas.
Beauty Point is one of the teaching campuses of the Australian Maritime College and is home to the National Underwater Training Centre - one of only two in the world.
Local shops and community facilities including a primary school are provided in Beaconsfield (6km) whilst more extensive facilities are provided in Launceston.
This is an excellent opportunity to purchase this quality property with an established business of some 16 years. There are multiple options for new owner with regards to making a larger accommodation facility (owner's residence) for your family. Lifestyle, beauty and income.
Suite 1A, 608 Hawthorn Road, Brighton East VIC 3187
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