West Inlet Farm - rare rural investment with potential development of 45 units in Stanley

253 Stanley Highway, Stanley, 7331

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Contact for PriceFor Sale
  • Ownership Type Cropping
  • Property Area 698,100 sqft
  • Bedrooms 6
  • Bathrooms 6
  • Furnished No
  • Last Updated 5th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

The Stanley Highway is a state managed highway linking between the Bass Highway and Stanley classified. The site is a rural holding of some 70 hectares zoned rural resource located on the west side of the Stanley Highway extending to the coast at West inlet. The land form is a hill section along the eastern part of the land parallel to the Stanley Highway flattening from the western edge of the hill toward the coast. It is approx 3km from the Stanley historic township, 10 mins drive to Smithton.
An existing residence with outbuildings is located close to the south-eastern corner of the land with 6 accommodation units just to the north.
- Planning permit to the construct accommodation 45 units along the coastal edge (DA approval):
2-bedroom - 27
3-bedroom -18

* Currently six units are leased, running by a separate entity, marketed as 'Beachside Retreat West Inlet' business. The accommodation business is accredited with the Tourism Industry Council of Tasmania and is listed on the Tasmanian Government's Tiger Tour database.
* The first term ends on 10th Jan 2021, with one option of 3 years.

The farm is very suited to running livestock. The soils are highly productive and the vendor has took care of all the native shelter belts has thrived.

Development potential
* The development of 46 time share units and the conversion of an existing garage/amenities building to visitor accommodation unit on the land.

Business potential
* The business has established a strong brand with the majority of bookings occurring online (website). It targets couples or small family who wish to relax in the beautiful nature, it is popular with both interstate or oversea tourist.
* It is currently a profitable business and has a potential for further expansion.

For more information please contact Chris Yan 0435 393 619 or Zmin Yang 0413627963

Location on Google Map

253 Stanley Highway, Stanley, 7331

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