OFF MARKET

116 Flinders Street
Beauty Point TAS 7270

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2700m2
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Property Details for 116 Flinders St, Beauty Point

Building Type
Commercial
Year Built
1992
Land Size
2700m2
Local Government
West Tamar
Lot/Plan
1/251040

Last Listing description (June 2020)

Selling on a 55% ROI, make no mistake this is very financially rewarding, very profitable business.

Multiple income streams, gaming, bar, food, accommodation and rent.


Whole property in very good condition, only maintenance on an ongoing basis, many dollars spent on upgrades, all equipment in good working order.

Comprising dining room with a boat-shaped bar, popular outdoor deck, spacious bar, function room, gaming room, 9 motel rooms, stand-alone bottle shop and stand-alone manager's residence, office and multiple toilets, store rooms, cool rooms, modern commercial kitchen, very good layout in a building approximately 30-odd years old.

The hotel has been architecturally designed to capitalise on the view of the Tamar River at its widest point, a small sandy beach below, AMC boats at the jetty and the marina.

The quality food service has been identified as an important integral component of the business. There is seating for 80 guests in the dining room, 60 alfresco dining on the deck and further capacity in the function room and bar.

Please take note, full financial information available to enquiries who can establish their motivation and capacity to purchase in a reasonable time frame.

Contact the Tasmanian Business and Property Sales, Hotel Specialist Paul Scott on email pauls@tasbps.com.au or phone 0477 771 098, or Donna Kremmer on email donnak@tasbps.com.au or phone 0490 080 173.

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. Please Note: All figures quoted are approximate.

Property Code: 282

Property History for 116 Flinders St, Beauty Point, TAS 7270

A timeline of how this property has performed in the market
Last Sold
$2,500,000
16 Aug 2007
  • 30 Oct 2018
    Listed for Sale $440,000
  • 23 May 2018
    Listed for Sale $440,000 No GST Plus Stock
  • 20 Aug 2013
    Listed for Sale $295,000 TO $395,000 PLUS SAVING
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About Beauty Point 7270

The size of Beauty Point is approximately 10 square kilometres. It has 5 parks covering nearly 7.2% of total area. The population of Beauty Point in 2011 was 1,203 people. By 2016 the population was 1,232 showing a population growth of 2.4% in the area during that time. The predominant age group in Beauty Point is 60-69 years. Households in Beauty Point are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Beauty Point work in a labourer occupation. In 2011, 75.2% of the homes in Beauty Point were owner-occupied compared with 77% in 2016.

Beauty Point has 830 properties. Over the last 5 years, Houses in Beauty Point have seen a 70.06% increase in median value, while Units have seen a 91.79% increase. As at 30 November 2024:

  • The median value for Houses in Beauty Point is $459,624 while the median value for Units is $403,237.
  • Houses have a median rent of $400.
There are currently 16 properties listed for sale, and no properties listed for rent in Beauty point on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Beauty point.

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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.