40 Room Launceston Leasehold Motel

About the Business

Positioned just minutes from Launceston's CBD, the Motor Inn presents an exceptional opportunity to acquire one of Tasmania's largest and most established leasehold motels. Set across approximately five acres of beautifully landscaped grounds, this impressive 40-room accommodation business combines strong financial performance, extensive guest facilities, and significant future upside.

Catering to families, leisure travellers, tour groups and corporate guests, the property offers a diverse mix of motel suites and self-contained one, two and three-bedroom accommodation. Guests enjoy an extensive range of on-site amenities including a fully refurbished indoor heated swimming pool and spa, sauna, games room, children's playground, barbecue area, guest laundry, high-speed Wi-Fi and generous off-street parking.

The business has benefited from a substantial refurbishment program, with extensive capital investment including new air conditioning throughout, upgraded Wi-Fi infrastructure, new flooring, Smart TVs, curtains, LED lighting, tapware, pool renovations and a refurbished manager's residence featuring a brand-new kitchen. A newly leased restaurant also provides an additional rental income stream while enhancing the guest experience.

With approximately 36 years of lease tenure remaining, excellent occupancy, proven profitability and multiple avenues for future growth-including increasing visitor numbers and the anticipated economic impact of Tasmania's new AFL team in Launceston-this is a rare opportunity to secure a large-scale accommodation business with long-term security.

Large, quality leasehold motels of this calibre are seldom offered to the market. This Motor Inn represents an outstanding acquisition for experienced operators, first-time motel owners seeking scale, or investors looking for a well-established tourism business with strong fundamentals and exciting growth prospects.