1 Mary Street, Queenstown, TAS 7467 sold on 12 June 2025 | OnTheHouse
SOLD
Sold on 12 Jun 2025 for $2,400,000

1 Mary Street
Queenstown TAS 7467

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3600m2
Land area: 4786m2
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Property Details for 1 Mary St, Queenstown

Building Type
Commercial
Year Built
1974
Floor Size
3600m2
Land Size
4786m2
Local Government
West Coast
Lot/Plan
3/66520

Last Listing description (August 2023)

Go Big With West Coaster Motel Queenstown-Turnover 6 months for 2023 FY in excess of $940,000.

We are excited to present an all-in-one motel offering 15% ROI in the booming tourism town of Tasmania. West Coaster Motel in Queenstown Tasmania is offered for sale for the first time in circa 18 years.

It is a complete package on approx 1.1 acres- Your 3BR home, business and investment.

Current owners have consistently worked over the years to improve this business, and it is now at a stage where it can be run by new owners or their management team.

This 3.5 star motel is the biggest motel on the West Coast of Tasmania, known for its immaculate clean environment and exceptional customer service. It is a perfect setup for someone who is looking for a tree change, an easy lifestyle living in West Coast Wilderness town or an astute businessman who is looking for an addition to their portfolio.

Why you should buy this motel:

>Member of Golden Chain, which means more exposure Australia-wide.

>Quality tourism accredited business.

>Great value, sale price that is less than the current replacement cost, a valuation may surprise you.

>Centrally located in Queenstown, close to various popular tourist attractions such as West Coast Wilderness Railway, world-famous MTB trails and more.

>A1 presentation, revenue source includes accommodation and a fully licensed 110++ seat restaurant.

>Excellent reputation and rooms suitable for every traveller.

>Workers form a large portion of clientele. Patrons also include locals, tourists-national & international and corporate clients.

>Plenty of onsite parking.

>Cater for large Coach Groups, Motor Bike Clubs + much more.

>On-site guest and hotel laundry.

>Well-trained staff and all the operating systems and procedures in place.

If you are looking for a motel that has upsides, potential to increase the revenue even further, consistent income, repeat customers and require no major improvements. Then look no further.

Call our professional business brokers today for an inspection. Call Praveen Pant on 0432 256 682 or contact Paul Scott on 0477 771 098 email: pauls@businessbrokersnetwork.com.au 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: 865

Property History for 1 Mary St, Queenstown, TAS 7467

A timeline of how this property has performed in the market
Last Sold
$2,400,000
12 Jun 2025
  • 12 Jun 2025
    Sold for $2,400,000
  • 01 Sep 2023
    Sold for $1,500,000
  • 28 Jan 2023
    Listed for Sale Offers over $2.5 million+SAV
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About Queenstown 7467

The size of Queenstown is approximately 132.1 square kilometres. It has 7 parks covering nearly 0.7% of total area. The population of Queenstown in 2016 was 1790 people. By 2021 the population was 1808 showing a population growth of 1.0% in the area during that time. The predominant age group in Queenstown is 50-59 years. Households in Queenstown are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Queenstown work in a trades occupation.In 2021, 71.50% of the homes in Queenstown were owner-occupied compared with 69.70% in 2016.

Queenstown has 1,579 properties. Over the last 5 years, Houses in Queenstown have seen a 119.95% increase in median value, while Units have seen a 92.55% increase. As at 31 October 2025:

  • The median value for Houses in Queenstown is $217,177 while the median value for Units is $198,756.
  • Houses have a median rent of $290 while Units have a median rent of $160.
There are currently 35 properties listed for sale, and 2 properties listed for rent in Queenstown on OnTheHouse. According to Cotality's data, 68 properties were sold in the past 12 months in Queenstown.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.