ADVENTURE BAY

1 LUMEAH ROAD

PRICE: OFFERS ABOVE $1.95 MILLION

LAND AREA: 1323SQ M

AGENCY: FIRST NATIONAL REAL ESTATE HOBART & KINGSTON REFER LAUREEN WOOD 6229 4550

REALESTATE.COM.AU ID: 136798498

HERE is a chance to acquire a once in a lifetime business investment, five premium quality spa apartments on Bruny Island.

This location of the unique apartments is in one of Tasmania’s “must visit” destinations.

The award-winning business offers consistent revenue and high profitability with over $225,000 currently held in forward bookings and an over 95 per cent year-round occupancy rate.

Known as 43 Degrees, the business has an outstanding reputation and room for future growth.

This environmental accommodation development is offered for sale ‘walk-in, walkout’ by the original builders and owner/operators.

The next owner could choose to operate the business from one of the five apartments.

Or one could be an ideal and comfortable on-site 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 a 6-plus star energy rating, the property has three Beachside Studio Spa Apartments and two Beachside Spa Suite Apartments — they provide accommodation for two people each.

All of the self-contained apartments are solar powered.

Expressions of interest

The apartments collect rainwater. Wastewater is treated in an on-site environmental management system, with the treated water re-used on the gardens.

The apartments are set among 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.

The property is priced at $1.95m-plus.