Summary
Freehold Going Concern – Swansea, Tasmania | On the Freycinet Coast FIRST TIME OFFERED FOR SALE – ORIGINAL OWNER & DEVELOPER
About the Business
Business ID: XB164775
Freehold Going Concern – Swansea, Tasmania | On the Freycinet Coast FIRST TIME OFFERED FOR SALE – ORIGINAL OWNER & DEVELOPER
A rare opportunity to acquire an established, profitable accommodation business and substantial freehold property in central Swansea, offered for the very first time.
Prominently positioned on the Tasman Highway between Hobart and Launceston, the estate enjoys direct beach access and is a short walk from local shops, cafés and restaurants.
The property comprises six fully furnished, self-contained cottages plus the five-suite Sherbourne Lodge, together accommodating approximately 48–56 guests across couples, families, groups and extended stays.
PROPERTY & BUSINESS HIGHLIGHTS
Prime Landholding: Approx. 4,300m² freehold plus approximately 3,000m² landscaped Private Right of Way.
Established Infrastructure: Sealed internal roads, extensive onsite parking and comprehensive commercial laundry facilities.
Proven Growth: Revenue increased 16.7% Jan–Mar 2026 compared with the same 2025 period.
Further Upside: Scope remains to increase occupancy and yield through additional operational and pricing initiatives.
APPROVED DEVELOPMENT & FUTURE POTENTIAL
Council approval is in place for seven additional apartments, providing substantial potential to expand the existing accommodation inventory.
Also included is an approved, shovel-ready 3-bedroom, 3-bathroom manager’s residence, incorporating new reception/lobby facilities and double garage. This enables dedicated onsite management without sacrificing existing income-producing accommodation.
Strata and survey work are underway, providing additional flexibility for future development, configuration and realisation.
EXPRESSIONS OF INTEREST
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