43 Franklin Street, Swansea, Tas 7190

OFFERS OVER $3.990 million

Villa
Type
11
Bedrooms
11
Bathrooms
4,400 m²
Area

Published on Wednesday, October 07, 2026 ( See property details for 43 Franklin Street, Swansea, Tas 7190)

OFFERS OVER $3.990 million

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A rare opportunity to acquire a well-established East Coast Tasmania accommodation business with substantial freehold land, development potential, and prime beachside location.

🏡 Property Highlights

  • Established accommodation business with 6 cottages and 5 lodge suites
  • Substantial freehold landholding of 4,400 m² with future development potential
  • Prime central Swansea location with direct beach access
  • Recent revenue growth of 16.7% in early 2026
  • Council approval for an additional 7 apartments and a new manager’s residence
  • Prominent Tasman Highway position with extensive onsite parking and signage

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Outdoor Area
  • Waterfront / Views
  • Secure Parking
  • Garage
  • Outdoor Area / Balcony
  • Landscaped Grounds
  • Onsite Parking
  • Commercial Laundry Facilities

Swansea is a vibrant coastal town on Tasmania’s East Coast, renowned for its mild climate, stunning beaches, and relaxed lifestyle. It offers a thriving tourism scene, excellent local amenities, and easy access to natural attractions. The area is ideal for lifestyle investors and developers seeking growth opportunities in a popular holiday destination. Its central location between Hobart and Launceston enhances its appeal for both visitors and residents. Swansea’s scenic beauty and community atmosphere make it a highly desirable place to live and invest.

What is the current occupancy rate of the accommodation business?
The property currently accommodates approximately 48–56 guests, with recent operational initiatives demonstrating revenue growth, indicating a strong and expanding occupancy base.
Are there any existing planning or development approvals in place?
Yes, there is council approval for an additional 7 apartments and a separately approved, shovel-ready 3-bedroom manager’s residence with new reception facilities and double garage.
What are the future development opportunities for this property?
Future opportunities include pursuing the approved additional apartments, leveraging the existing development approvals, and exploring further land use options through progressing survey and strata work.
What amenities and services are included with the accommodation?
The property features fully furnished cottages and lodge suites, extensive onsite parking, commercial laundry facilities, landscaped grounds, and prominent signage, providing a comprehensive guest experience.
What is the strategic location advantage of this property?
Situated on the Tasman Highway in central Swansea, the property offers direct beach access, proximity to local shops and restaurants, and easy access to Tasmania’s East Coast attractions, making it ideal for tourism and lifestyle pursuits.
Are there any hidden costs or ongoing maintenance expenses associated with the property? Have all necessary planning and development approvals been obtained and are they current? Are there any known defects or issues with the existing structures or land? What are the zoning restrictions and easements affecting the property? Is the property at risk of flooding or bushfire, and what mitigation measures are in place? Are there any strata or body corporate arrangements, and what are the associated fees? Are there any upcoming construction or development projects nearby that could impact the property? What are the noise levels and neighbour relations in the area? Is the property compliant with all local building codes and regulations? Are there any restrictions on future development or land use modifications?

43 Franklin Street, Swansea, Tas 7190 - More Details

OFFERS OVER $3.990 million

Freehold Going Concern | Swansea, Tasmania

First time offered for sale in 35 years.

A rare opportunity to acquire an established accommodation business together with a substantial freehold property holding in the heart of Tasmania’s East Coast.

Offered for sale for the first time by the original owner-developer after 35 years of ownership and operation, the property represents a unique combination of an established tourism business, substantial underlying real estate and significant future development potential.

Prominently positioned on the Tasman Highway in central Swansea, approximately midway between Hobart and Launceston on Tasmania’s popular East Coast, the property enjoys direct beach access while Swansea’s shops, cafés, restaurants and local services are all within easy walking distance.

The established accommodation business comprises 6 fully furnished, self-contained cottages, including the distinctive 3-bedroom Bayview Attic Spa Cottage, together with 5 separately letting Lodge Suites within Sherbourne Lodge.

The diverse accommodation mix provides flexibility for couples, families, groups, touring guests and extended stays.

KEY INVESTMENT HIGHLIGHTS

• 5 fully furnished, self-contained cottages plus 5 Sherbourne Lodge Suites
• Accommodation capacity of approximately 48–56 guests
• Substantial freehold landholding, together with the benefit and use of approximately 3,000m² of landscaped Private Right of Way
• Direct beach access and prominent central Tasman Highway position
• Established landscaped grounds, sealed internal roadways, extensive onsite parking, services and prominent illuminated signage
• Comprehensive onsite commercial laundry facilities
• Recent operational initiatives already demonstrating growth, with revenue increasing 16.7% during January–March 2026 compared with the corresponding 2025 period
• Council approval for an additional 7 apartments
• Separately approved, shovel-ready 3-bedroom, 3-bathroom manager’s residence incorporating new reception/lobby facilities and double garage
• Survey and strata work progressing, providing additional flexibility for the property’s future configuration and potential realisation

ESTABLISHED TODAY. POSITIONED FOR TOMORROW.

The property offers a compelling combination of an established accommodation operation, substantial freehold landholding and multiple avenues for future growth.

Swansea’s central position on Tasmania’s East Coast and its mild, temperate climate support its appeal as a year-round coastal destination, with average summer daytime temperatures of approximately 22–23°C and winter daytime averages of approximately 14°C.

The business has been operated by its long-term owners at a level suited to their preferred lifestyle rather than with the objective of maximising occupancy or turnover.

Recent operational initiatives have already demonstrated the potential of the established business, with revenue increasing 16.7% during January–March 2026 compared with the corresponding 2025 period.

Further opportunity remains for a new owner to pursue additional occupancy, pricing and yield-management strategies, while the approved additional accommodation, approved manager’s residence and progressing survey and strata work provide multiple avenues for longer-term growth and property realisation, subject to relevant approvals and requirements.

LIFESTYLE. INCOME. FREEHOLD. DEVELOPMENT POTENTIAL.

An opportunity suited to accommodation operators, investors, developers or purchasers seeking a substantial lifestyle business and freehold property holding on Tasmania’s East Coast.

FOR SALE BY OFFERS OVER $3.990 MILLION

Enquire today to receive a confidentiality agreement and further details including price. For further information on this exciting and rare opportunity, contact Praveen Pant 0432 256 682 email: [email protected] INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. Please note: All figures quoted are approximate.

Property Code: 2205
Type
Villa
Bedrooms
11
Bathrooms
11
Area
4,400 m²

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