Absolute Waterfront Hotel
Ill health is now forcing an immediate sale of The Riviera Hotel in Beauty Point and all reasonable offers will be presented. The Hotel holds pride of place on the banks of the Tamar River with stunning views and access direct to the water. Spread over 4 titles totalling some 3997m2 of land, the hotel was built in 1951 and has been consistently operated since then. The property is offered for freehold sale including all plant and equipment and stock at value. The Riviera provides locals and tourists with a popular public bar and restaurant and a separate function room. The bistro seats approximately 40 with another 40 accommodated in the function room. An alfresco area has been established in a sheltered courtyard between the water and the main hotel. Upstairs, the 3 bedroom manager's residence offers stunning views, particularly from the upgraded kitchen / dining area. The residence incorporates 2 bathrooms and provides plenty of room for a couple or small family. The remaining area on the upper level provides for 9 ensuite accommodation rooms, 5 with water views and an outdoor patio for guests. Add to this a 4 bay concrete garage and onsite parking for up to 50 vehicles and this property has it all. The perfect sea change for a couple or family wanting that fantastic hotel lifestyle right on the water! Whilst financials can be provided on the business, the sale price has been determined by the real estate value, not business performance. For more information please contact Candice Gillies of NAI Harcourts Tasmania on 0408 144 448. Commercial Real Estate Services, Worldwide.
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 829 properties. Over the last 5 years, Houses in Beauty Point have seen a 68.02% increase in median value, while Units have seen a 97.31% increase. As at 31 December 2024:
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Population 1,232
0-9
8%
10-19
9%
20-29
8%
30-39
6%
40-49
10%
50-59
18%
60-69
24%
70-79
15%
80-89
5%
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