Resort Development Site

Business Info

Price: AUD$3,000,000
  • Central Tasmania.
  • Unique opportunity to acquire and further develop an existing freehold hotel at a major tourist destination.
  • Surrounded by World Heritage listed National Parks in the picturesque Central Tasmanian Highlands/Lakes.
  • Adjacent to a significant Tasmanian landmark and the famous Overland Track.
  • Existing Hotel, Restaurant and budget accommodation generating positive cash flow.
  • DA (development approval) received for over 60 motel units/apartments, large tavern/restaurant and retail shops.
  • Strong existing coach trade – 180 to 240 coaches visit pa.
  • Recent complementary developments completed in the area include up-market accommodation, increasing the demand for hospitality infrastructure.
  • Located on a major tourist route on the only available freehold property in the National Park precinct.