Sharonlee Strahan Villas & Marsden Court
The Offer
On offer for sale is the freehold of two self-contained apartment complexes with their well-established going concern short stay accommodation businesses
known as Sharonlee Strahan Villas (11 villas) and Marsden Court (12 apartments). The properties are offered together in one line on walk-in walk-out basis with some minor exclusion. A purchase offer on only one with a lease back on the other may also be considered.
The Properties
Sharonlee Strahan Villas is on a combined area of 6,865 sqm across 8 residential lots. It is on a level parcel of land located on the corner of Andrew and Gaffney Street (South side). The improvements consist 10 x 2 self-contained bedroom villas, 1 x 1 bedroom villa, and a combined reception and laundry building (double brick construction). This property is self-rated 3.5 star and is a member of the TasVillas booking group.
Marsden Court is across from Sharonlee on the opposite side of Gaffney Street (North side) on a single residential lot of 5673 sqm. The improvements consist of 4 x 2 bedroom self- contained apartments and 8 studio apartments. This property is self-rated 4 star and is a member of the Innkeepers booking group.
The reception building with laundries, for business use and for guests is on Sharonlee’s side and is currently servicing both complexes.
Both apartment complexes have insulated timber frames with aluminium windows, James Hardie PrimeLine weatherboard cladding, Colorbond roofing and either concrete or timber flooring. They are all well-maintained and in very good condition.
The Business
The properties are owned and operated by the same family that built and established the original business in 1973. The business has operated successfully since its inception and continues to grow. It mainly caters for the touring market of families, special interest groups and senior couples that appreciate the extra living space on offer and the well equipped kitchens. The tariffs are seasonal and vary according to type of accommodation, availability and number sharing. Pricing at Sharonlee ranges from $90 in winter to $190 in summer and pricing at Marsden Court ranges from $110 in winter to $220 in summer.
The husband and wife team (Pam and Mark) running the businesses are supported by a full time staff member (Rhiannon) and 2 casual cleaners. Between November and April, they increase their staffing by 2 casuals to cope with the higher occupancy.The occupancy rates is in a good range and the turnover is healthy, continuing an upward trend from FY 11/12.
The Location
Strahan is a harbour-side village with a fascinating convict past set on the edge of the Tasmanian Wilderness World Heritage Area. It is a 4.5-hr drive (300 km) from Hobart and a 3-hr drive (226 km) from Devonport. It is the nearest inhabited locality to Cape Sorell and is literally the 'gateway' to the south-west wilderness - as boats, planes and helicopters utilise Strahan as their base when travelling into the region.
Strahan is an iconic travel destination with shops selling artisan wares and eateries serving up delicious local produce. It is among the top tourist destinations of the world and there's no shortage of activities, from river and sailing cruises and railway Journeys , to exploring the area by kayak, bike or on foot. to There are also long stretches of wild ocean beach to roam, massive sand dunes to conquer and forest adventures to be had in all-terrain vehicles or on foot though the many forest tracks. Tourists visit to take a cruise on Macquarie Harbour and up the Gordon River through World Heritage Wilderness, explore Hogarth Falls, the notorious Sarah Island, and the rolling Henty Dunes on Ocean Beach.
Agent’s Opinion:
This is an opportunity to purchase a very well-established business with a long track record of success in a famous tourist town with a relaxed and healthy lifestyle in a beautiful part of the world. Nestled on the shores of massive Macquarie Harbour, Strahan is the gateway to the World Heritage listed Franklin–Gordon Wild Rivers National Park. It is full of stories from the days of convicts and pioneers toughing it out in Tassie's wild west as well as more recent stories of prospectors, miners, Gordon River Piners, millers, fishermen, sailors and of course, tourists and travellers. Please contact us for a detailed Information Memorandum. Inspections are strictly by appointment.
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