OFF MARKET

1 Lumeah Road
Adventure Bay TAS 7150

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 90m2
Land area: 1323m2
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Property Details for 1 Lumeah Rd, Adventure Bay

Building Type
Commercial
Year Built
2012
Floor Size
90m2
Land Size
1323m2
Local Government
Kingborough
Lot/Plan
1/12532

Last Listing description (October 2021)

Here is a chance to acquire a 'once in a lifetime' business investment, 5 premium quality and unique designed spa apartments on Bruny Island. Situated across the road from 'Quiet Corner', one of Bruny Island's most popular swimming spots on beautiful Adventure Bay Beach!

This location is in one of Tasmania's 'top 10 must visit' destinations and is a wonderful opportunity to purchase a multi award winning business with proven consistent revenue and high profitability with over $225,000.00 currently held in forward bookings and over 95% year round occupancy rate. '43 Degrees' with its outstanding reputation additionally has room for future growth.

Winner of the Trip Advisor 'Award of Excellence' six years in a row, the Trip Advisor 'Hall of Fame Award' in 2018, 2019 & 2020, Booking.com 'Traveller Review Award' in 2019, 2020, 2021 and Hotels.com 'Most Wanted Award' in 2019, 2020, 2021. '43 Degrees' has also been an active member of 'Green Tourism' achieving 'Green Globe Status' and recognised as an 'Earth check Assessed Operator'.

This environmental accommodation development is offered for sale 'walk-in, walk-out' by the original builders and owner/operators with extensive quality inclusions.

Whilst the owners have managed the business the next custodian could continue to seamlessly operate the business from one of the five apartments, which could be an ideal and comfortable onsite manager's residence if desired.

Comprehensive management reports have been prepared by two of Bruny Island's successful visitor accommodation management services and are available upon request.

Built to exceed the highest environmental standards with a 6+ star energy rating 3x Beachside Studio Spa Apartments + 2x Beachside Spa Suite Apartments provide luxury accommodation for two people each.

All the self-contained apartments are solar powered with an elegant, upmarket design as well as connected to the grid, so they are carbon friendly while allowing guests the use of modern electrical appliances. The apartments collect their own rainwater and wastewater is treated in an on-site environmental management system, with the treated water re-used on the gardens.

Set amongst beautiful lush gardens, landscaped with native grasses and plants endemic to the area and only 50 metres from the waters edge of Adventure Bay Beach. The eco apartments offer complete comfort with triple layer insulation and double glazing throughout.

Recycled timbers create a natural boutique feel. Each apartment has its own high-end earthy ambiance and facilities include kitchenettes with mini-bars, luxurious bathrooms with free-standing or corner spas, timber walled showers, private decks with BBQ and outdoor dining where the abundant native wildlife and birdlife can be enjoyed in the surrounding gardens.

43 Degrees prime location is nearby the launching point for the multi award winning Bruny Island Charters and Bruny Island Wildlife Adventure Cruises. Over 90% of 43 Degrees guests embark on one of these worthwhile voyages, that take in iconic scenic landmarks like the Totem Pole and Blowhole as well as observing breathtaking coastal scenery, viewing hundreds of fur seals in their natural surroundings and spotting the odd albatross or pods of dolphins.

Only a short walk along the white sandy beach across the road is the Adventure Bay township. Add to this, 43 Degrees is conveniently located near some spectacular National Park walks, including Penguin Island, and the dramatic cliffs of Fluted Cape. Testimonial from guests has seen them enthralled by the activities and rejuvenated by the surroundings - not to mention itching to return!

Contact Laureen also an island resident for further information about this highly sought-after destination and this elegant, eco-friendly dream business opportunity!

SHORTLY PREMIERING ON THE NEW SEASON OF 'COUNTRY HOUSE HUNTERS'

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 1 Lumeah Rd, Adventure Bay, TAS 7150

A timeline of how this property has performed in the market
Last Sold
$2,000,000
18 Oct 2021
  • 18 Oct 2021
    Sold for $2,000,000
  • 15 Jul 2021
    Listed for Sale Considering Offers Above $1.95M
  • 03 Oct 2018
    Listed for Sale $2,000,000+
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About Adventure Bay 7150

The size of Adventure Bay is approximately 11.4 square kilometres. It has 2 parks covering nearly 20.1% of total area. The population of Adventure Bay in 2011 was 531 people. By 2016 the population was 182 showing a population decline of 65.7% in the area during that time. The predominant age group in Adventure Bay is 60-69 years. Households in Adventure Bay are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Adventure Bay work in a managers occupation. In 2011, 78.1% of the homes in Adventure Bay were owner-occupied compared with 76.4% in 2016.

Adventure Bay has 374 properties. Over the last 5 years, Houses in Adventure Bay have seen a 50.39% increase in median value, while Units have seen a 70.12% increase. As at 31 October 2024:

  • The median value for Houses in Adventure Bay is $678,458 while the median value for Units is $537,405.
There are currently 9 properties listed for sale, and no properties listed for rent in Adventure bay on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Adventure bay.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.