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Absolute Waterfront Property

Scamander, 157-165 Scamander Avenue

    • $1,300,000 No GST

Property Information
The Owners intent is clear - SELL NOW. At 1.3 million, the owners have reduced their expectation on price by $200,000. A stunning property on Tasmania's east coast, Pelican Sands has been an iconic North East coastal destination for many years. The current owners have subdivided and sold some of the surrounding lots for residential use, with the remaining part of the facility showing an approximate 11% return. Comprising 6 refurbished units, with stunning water views, 40 seat restaurant with take away area, in ground swimming pool, 3 bedroom Manager's residence, commercial and guests laundries and children's playground, all located on approximately 3,877m2 on 3 titles.

The package for sale is now the perfect size for a boutique accommodation business, with the ability to increase returns by leasing the restaurant and take away area.

A full information memorandum including plant and equipment and financials is available to genuine buyers. Contact Candice Gillies or Janie Finlay at NAI Harcourts for more information.

NAI Harcourts Tasmania
Commercial Real Estate Services World Wide
Land Size3877 sqm
Property TypeTourism/Motel/Hotel, Vacant

Contact Details

First Floor
187 Brisbane Street
Launceston, 7250
Office website

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