Located on Hobarts' Eastern Shore en route to the International airport, with very limited competition. This well-presented and maintained property has a 4-star rating and glowing social media reviews. Panoramic Derwent River, Mount Wellington, and Hobart views.
Comprising 32 spacious en-suite rooms, with varying configurations. Many Improvements and upgrades made in recent times, such as all-new split systems, beds and linen, vanities, televisions, curtains, carpets, and more.
With convenient guest parking in front of rooms, w gardens and building.
Easily managed without a restaurant and spacious 2 bedroom owner/managers quarters.
This motel is characterised by guests commenting on the cleanliness, obliging service, views, comfortable beds and facilities and is complimented by a general liquor license.
Motel buyers in Hobart are aware that this is a rare freehold opportunity and will take into account the industry occupancy rate.
3549m2 landholding, on a major highway, only a few minutes to the Hobart CBD in a very sought-after area, with an increasing population and only one of two motels on the Eastern Shore close to the Hobart Airport. The Hobart ( 7th largest Australian City) current population of 251,000 is expected to increase to 300,000 within the next decade.
Live the lifestyle in Hobart along with a secure income, in the accommodation industry, with an asset that will only grow in value.
Call our business brokers today as this exceptional opportunity is rare and will not last long.
Lodge an enquiry today and phone our professional business brokers for a confidential discussion. Call Praveen Pant on 0432 256 682 or contact Paul Scott on 0477 771 098 Email praveenp@tasbps.com.au/ pauls@tasbps.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;
Please Note: All figures quoted are approximate.*
Property Code: 1090
The size of Rose Bay is approximately 0.9 square kilometres. There is 1 park, covering nearly 25.7% of the total area. The population of Rose Bay in 2016 was 1102 people. By 2021 the population was 1188 showing a population growth of 7.8% in the area during that time. The predominant age group in Rose Bay is 60-69 years. Households in Rose Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rose Bay work in a professional occupation.In 2021, 75.10% of the homes in Rose Bay were owner-occupied compared with 75.80% in 2016.
Rose Bay has 578 properties. Over the last 5 years, Houses in Rose Bay have seen a 9.75% increase in median value, while Units have seen a 19.51% increase. As at 31 July 2026:
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