1 Esplanade

Coles Bay TAS 7215

Fantastic site, 3.665 hectares, plus adjacent land of 0.359 hectares separately available if required of prime commercial land opposite Muir's Beach and only 1 kilometre from the world famous Freycinet National Park (heritage listed 1916).
The complex ideally blends into a manicured natural bush setting with panoramic views, particularly to the spectacular 'Hazards'.
The Holiday Centre includes 13 cottages, 17 superior park cabins, reception and manager's residence, 32 bed YHA hostel, amenities block, 3 bedroom unit, extensive workshop, camp kitchens and BBQs, 42 powered sites, 18 unpowered sites, 14 permanent sites and a new enviro-treatment plant.
Also on the site and providing substantial rental income are a modern tavern, (which is currently leased out), and the supermarket/takeaway and bakery/cafe (also leased to long term tenants) supermarket/takeaway and bakery. The tavern incorporates a bistro, bar and bottleshop.
The whole property contains 20 stratum titles with significant unused areas which can easily be developed for further accommodation options. In addition the Vendors own adjoining blocks which can be made separately available if required.
Coles Bay is one of Tasmania's most popular tourist areas receiving around 232,000 visitors a year. The Holiday Centre has the only tavern, the major supermarket and the only bakery in the whole town. Not only do they have a strategic monopoly but there is no other 'commercial' land available for future competition.
They are a member of the 'BIG 4 Holiday Parks' and are affiliated with the YHA.
The Holiday Centre has been continuously developed with additions in the last few years including an enviro-waste treatment plant, solar heating, reticulated electricity, park cabins and disabled facilities.
The complex has substantial accommodation revenue together with strong rental income. This high profile property is well known throughout Australia and will be a great acquisition for experienced operators, investors, developers or major tourism groups.
In addition to an outright sale, the 20 stratum titles could be purchased individually or the 3 rental properties bought as investments.
First time offered for sale in 23 years with the owners now retiring.