Tasmania real estate King Island commercial property
Real estate Tasmania King Island commercial property a110101

Ref No F140021
Leasehold : $245 000
(18 years)

   

Click on the links below to view corresponding photos


- room view
- restaurant view
- lighthouse
- view


Contact: Judy Allison

Tel: 03 6462 1288


Lease of "Boomerang by the Sea", King Island 18 years, $245,000.00

Location, location!! Million dollar views, great profitable business

Is it time for a sea change?? King Island is situated in Bass Strait, 45 minutes flight from Melbourne and Tasmania. Boomerang by the Sea is a long established business offering the opportunity for some energetic person/s to continue it's success. It is a high profile business in a growing local industry. There are 16 motel units, a meeting room and a 100 seat fully licenced restaurant that is recognised as the best on King Island (see Gourmet Traveler, June 2002).

Only four owners in 30 years confirms this is a fun/exciting business to be involved in. A good mix between corporate and tourist visitors. The price reflects a 30% -35% return on investment.

See more at www.bythesea.com.au

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