FOR SALE
OFFERS OVER $1,395,000 MILLION+SAV

3 Andrew Street
Strahan TAS 7468

Bedrooms: -
Bathrooms: -
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Floor area: 1m2
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Adj Net Profit>$243K 13 Rooms Freehold Motel Strahan Tasmania 70% Occupancy

Freehold going concern
This is your chance to own a highly-rated, four-star freehold motel in the heart of one of Tasmania’s most popular tourist destinations on the stunning West Coast.
Motel Strahan offers 13 beautifully furnished units, built just 17 years ago by the current owners and impeccably maintained with regular upgrades. Now, they’re ready to pass the baton to a new operator, presenting a fantastic opportunity to take over a successful, low-maintenance business.
Key Features:
Strong Occupancy Rates: With average occupancy around 70%, there’s still room for growth through enhanced marketing and advertising efforts.
Prime Location: Only a 10-minute walk to iconic attractions such as the Gordon River, Strahan Golf Club, and the renowned West Coast Wilderness Railway—perfect for attracting tourists all year round.
Outstanding Reviews: Rated 8.6/10 on Booking.com with 270+ guest reviews, and 240+ positive reviews on TripAdvisor, providing a stellar reputation in the competitive accommodation market.
Modern Upgrades: Recent improvements include Smart TVs in all rooms, high-speed Starlink satellite Wi-Fi, upgraded downlights, and new machines in the guest laundry—offering guests a superior stay experience.
Manager's Residence: Includes a spacious 2-bedroom, two-storey manager’s accommodation, perfect for live-in owners or onsite management.
Casual staff are employed during peak seasons, making this an ideal business for a family or entrepreneur looking to grow their portfolio. The groundwork is already done—step in and start reaping the rewards!
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Property Details for 3 Andrew St, Strahan

Building Type
Commercial
Floor Size
1m2

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About Strahan 7468

The size of Strahan is approximately 311.6 square kilometres. It has 21 parks covering nearly 88.7% of total area. The population of Strahan in 2011 was 824 people. By 2016 the population was 709 showing a population decline of 14.0% in the area during that time. The predominant age group in Strahan is 20-29 years. Households in Strahan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Strahan work in a managers occupation. In 2011, 63.3% of the homes in Strahan were owner-occupied compared with 61.1% in 2016.

Strahan has 676 properties. Over the last 5 years, Houses in Strahan have seen a 133.46% increase in median value, while Units have seen a 54.05% increase. As at 30 September 2024:

  • The median value for Houses in Strahan is $304,158 while the median value for Units is $152,910.
  • Houses have a median rent of $290 while Units have a median rent of $160.
There are currently 30 properties listed for sale, and 2 properties listed for rent in Strahan on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Strahan.

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