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Buy BRUNY ISLAND HOTEL

Leisure/Entertainment - Recreation/Sport Businesses for Sale in Alonnah, TAS, Australia

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Title: BRUNY ISLAND HOTEL
ID Number: 6582
State: Tasmania (TAS)
City/Town/Suburb:ALONNAH TASMANIA 7150
Listing Type: Businesses
Categories: Leisure/Entertainment - Recreation/Sport, Food/Hospitality - Restaurant, Accommodation/Tourism - Hotel
Description: This unique hotel is the only one on Bruny Island and occupies a prime waterfront location on the main road overlooking the D’’’’Entrecasteaux Channel. The property includes a public bar, Tote and Keno, dining room with timber deck, bottleshop, commercial kitchen, managers flat, 2 accommodation units, car park & beer garden all on 1.95 hectares. There is surplus land of 12,079m² which has Council approval for a 4 lot sub-division and has been valued at over $400,000.

The hotel attracts a lot of tourists and is an idea holiday destination with a safe sandy swimming beach only metres from the hotel. There is a jetty for mooring and fishing. Bruny Island Hotel is the southern most hotel in Australia and the island has a rich maritime history.

2009 annual income is close to $1million with a net return of around 17% on the hotel value.

Tourists and shack owners account for 70% of the hotel’’’’s business. Bruny Island continues to show increased visitor numbers hence the proposals for a second ferry and the main road to be completely sealed.

Freehold and Business $1,485,000 plus stock
Price: $ 1,485,000.00 + SAV
Stock Value: Upon application
Net Profit: Upon application
Turnover: $ 1,000,000.00 approx
Map of ALONNAH TASMANIA 7150, AU

Contact: Mr John Blacklow
Knight Frank (Tas)
Phone: 03 62345866
Mobile: 0418128735
Email: [email protected]