"DRASTICALLY REDUCED FREEHOLD" Down from $899k to offers over $699k

SOLD

4421 West Tamar Highway

Beauty Point TAS 7270

Accommodation/Tourism

BUSINESS FOR SALE

Phone enquiries - please quote property ID 15910

TAMAR COVE MOTEL AND RESTAURANT

Located in the scenic Tamar Valley wine growing region, 54 km north of Launceston and close to major tourist attractions - Seahorse World / Platypus House / Beaconsfield Gold Mine and Heritage centre Narawntapu national Park.

The quality 3.5 star accredited motel contains 6 x 1 bedroom ensuite units - 2 x 2 bedroom ensuite units - 1 x self-contained ensuite unit on two titles. A total sleeping capacity of 26 people. The motel office is located inside of the restaurant building and has an online booking system to attract motel guests.

The property has a restaurant and bar located on two levels - boasting fantastic views. The restaurant seats 70 indoors and 40 alfresco diners.

The kitchen has been fitted with commercial cooking equipment, Convotherm steam & bake oven / 2 commercial gas ovens with gas hotplates and grill / double basket electric fryer / commercial dishwasher / walk in cool room and freezer.

A laundry is located at the rear of the building with 2 commercial washing machines and a commercial dryer for servicing of the motel laundry.

The bar is fitted with drink fridges / food display cabinet and barista area. The bar store has a commercial glass washer and temperature controlled cellar.

The property has a concrete In ground pool and seating area with adjoining workshop and Bbq area.

Tamar Cove has been under the current ownership for 16 years with a annual turnover in excess of $750,000 with a strong bottom line.

The business currently operates 7 days a week, however, this could be tailored to suit the lifestyle of the new owners.



RESTAURANT

A tastefully decorated restaurant with modern styling - an up market yet casual Dinner venue - transforming into a relaxed cafe - style lunch venue during the day with two levels of dining including a spacious alfresco deck area.

The modern Australian / Seafood menu presents the best of Tasmanian flavours using local produce.

The restaurant is currently operating for Breakfast / Lunch and Dinner - 7 days.



BEAUTY POINT

Beauty point is a well-known town in the Tamar Valley, 50 minutes’ drive northwest of Launceston.

The town serves as a good starting point for exploring some of Northern Tasmania's natural attractions. Greens Beach is a 15 minute drive northwest of Beauty Point and at the very mouth of the Tamar River, has a scenic lookout and is a popular holiday destination.

Garden Island, immediately north of the town is well known for its fishing. Sandy Beach offers safe swimming areas.

Beauty Point is one of the teaching campuses of the Australian Maritime College and is home to the National Underwater Training Centre - one of only two in the world.

Local shops and community facilities including a primary school are provided in Beaconsfield (6km) whilst more extensive facilities are provided in Launceston.



IN BRIEF

Property Description - The property comprises a partial two level freestanding motel & and restaurant complex. Located on a site with a land area of approximately 2,622m2.



ADVERTISED PRICE:-

The advertised price includes the freehold property, buildings and business. Stock will be sold at valuation.



CERTIFICATE OF TITLE

- Volume 62543 Folio 5 (910sqm)

- Volume 247687 Folio 1 (1,712 sqm)

- Total - 2,622 sqm

- Zoning Rural Living



SITE CHARACTERISTICS

Physical - The site is of a generally moderate slope, has an easterly aspect and views of the Tamar River and surrounding Mountains.

Planning - The site is zoned 'RURAL LIVING' under the West Tamar planning scheme 2006.

Services - The property is serviced or has access to electricity, telephone, sewer and reticulated town water.



BUILDINGS

Main external walls - Brick, Vertical board, cement sheet, rendered bricks

Roof - Corrugated galvanised iron

Window frames - Timber

Floors - Concrete and timber

Heating - Reverse cycle units and electric heaters

Main interior linings - Plaster and hardboard

Lighting - Fluorescent / Incandescent

Fire service - Fire Extinguishers / smoke and heat detectors, emergency signs



BUILDING AREAS

Motel Units - 250 sqm

Restaurant / Kitchen - 133 sqm

First floor restaurant - 63 sqm

Self - Contained unit - 50 sqm

Pool shed - 23 sqm

Store / laundry - 28 sqm

TOTAL - 547 SQM



LICENSING

Liquor Licence

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