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Acquisition opportunities for serious investors. These are businesses LINK Corporate has been mandated to divest and typically have enterprise values in excess of $1 million.


The Crown Jewel of Battery Point & The Epitome of Luxury Accomodation

Accommodation/Tourism, Guest House/B&B, Hotel

Hobart & Southern

Contact Agent

Farzin Hesari

+61 02 9899 1999

+61 401 009 469

#TA00013


Update: 2016-2017 Financial Forecast: Revenue increase of 24% (projected) for 2017 financial year. Representing a net yield of 7.9%.

 

Nestled in the historic Battery Point water front, just minutes’ walk to Salamanca is where you will find Tasmania’s number one rated private Hotel. This stunning example of elegance and luxury does not just stand out in Tasmania, but it stands out on a National scale ranking as Australia’s 10th best private Hotel.

Perfectly situated in the quiet cobble stone streets of Battery Point, surrounded by million dollar mansions this magnificent hotel offers today's modern luxurious finishes while preserving the charm of its heritage.

The classic style captures traditional and modern designs throughout the entire three levels. At the first step guests enter a lavish, elegant lobby leading through to the guest’s lounge room and the extravagant breakfast room. The luxury and class of this property continues with 11 bedrooms all with kitchenettes and large en-suites, open gas fireplaces, and breath taking panoramic water views.

The beautiful surrounding area of Battery Point is a leisurely waterfront stroll to Salamanca and in close proximity to Hobart CBD. Offered for sale for the first time in its proud trading history, this investment is a once in a life time chance to acquire a property of this magnitude in the booming Tasmanian property & tourism industry.

This magnificent hospitality icon is for sale on a WIWO basis and features:
– Breath taking panoramic water views
– 9 Guest Rooms including a 2 bedroom Spa Suite & owners apartment
– 4 Lounge Rooms & 2 Kitchens
– Capacity to expand with no further capital expenditure required
– Strong trading history with consistent revenue growth
– Battery Point capital growth of 9.3% (2016) 
– Systems in place to increase revenue & manage remotely
– Trades only 10 months of the year
– Rated #1 in Private Accommodation in Tasmania 
– Rated # 10 in Private Accommodation in Australia

There has never been a better time to take advantage of Tasmania's growing tourism industry and what better way to do it than acquiring the best in the industry. We have prepared a comprehensive information memorandum which is available upon request to genuinely interested parties.

To view the video walk through click below:

Please contact

Ref: TA00013
Farzin Hesari
Business Broker
Phone: +61 02 9899 1999
Mobile: +61 401 009 469
Email: farzinh@linkbusiness.com.au

To complete an online confidentiality agreement visit this business at: 
http://www.linkbusiness.com.au/TA00013

THE PURCHASER TO MAKE HIS/HER 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