6789 Arthur Highway, PORT ARTHUR 7182
Business & Freehold - for sale by tender
John Blacklow

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Knight Frank Tasmania
5 Victoria Street,
Hobart, TAS 7000

6789 Arthur Highway, PORT ARTHUR 7182

Accommodation/Tourism for sale

6789 Arthur Highway, PORT ARTHUR TAS 7182

Business & Freehold - for sale by tender

Business Details

The Fox & Hounds

Knight Frank are privileged to offer for sale this extraordinary property which is located in a most magnificent waterside location only one minute's drive from Tasmania's No1 tourist attraction-the Port Arthur Historic Site.

Port Arthur has been a tourist destination for well over a century and in 2014/15 recorded its largest ever visitation since opening to the public with 272,653 day and 34,097 evening visitors.

In April 2015 at the annual Australian Tourism Awards the Port Arthur Historic Site won the award for the best tourist attraction in Australia.

In addition, Pennincott Wilderness Journeys operates cruises in the area since 1999 and has fast become a Tasmanian icon with 24 tourism awards.

Tasmania's newest exciting tourism venture, the Three Capes Track, opened in September 2015 and the walkers leave from Port Arthur on a 46 kilometre trek through breathtaking natural landscapes with exhilarating cliff top outlooks.

These are exciting times for Port Arthur and particularly for the Fox and Hounds Inn. The motel is well placed to take full advantage of this tourism boom.

The complex includes a tavern, restaurant on 2 levels, reception, drive-in bottleshop, 39 rooms, managers residence, conference and meeting rooms, laundry building, workshop, tennis court, jetty and its own sewerage plant all on one title containing 10.1 hectares.

Of the 39 rooms, 27 are comfortable motel rooms, 11 are newly
refurbished self-contained 2 bedroom villas, and 1 is a spa suite. All have peaceful views over Stingaree Bay.

The tavern is a Tudor Style building which is like stepping into an olde world pub in London. Features include a large bluestone wall and fireplace, and the unique restaurant which also has mezzanine dining for a total capacity of 130 people.

This property is affiliated with "Innkeepers" and operates under
management with the interstate vendors now wishing to retire.

The business has a very low average occupancy rate so there is huge scope to dramatically increase accommodation revenue.

Knight Frank fully believe that this acquisition represents a tremendous opportunity to purchase a prime tourism asset in the most significant location which is ready to take full advantage of our booming tourist industry.

Tenders close at the office of Knight Frank, 5 Victoria Street, Hobart at 5pm on Thursday 5th November 2015.

Summary »

  • Business Category: Accommodation/Tourism
  • Business Sub Category: Hotel

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Knight Frank Tasmania
5 Victoria Street,
Hobart, TAS 7000

Phone: 03 6220 6999

John Blacklow
Phone: 03 6220 6999
Mobile: 0418 128 735

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