Tasmania Ranks As An Attractive Place To Buy Businesses For Sale

Businesses For Sale Tasmania - Australia's Best Performing Economy

For the ninth quarter in a row, Tasmania has again led the rankings as the best-performing economy in Australia – further underlining its attractiveness as a place to buy businesses for sale.

According to the April 2022 CommSec ‘State of the States’ report, Tasmania ranked first on equipment investment, second on construction work done, retail spending and relative economic growth, and third on relative unemployment and dwelling starts.

Businesses For Sale Tasmania

Above: Tasmania ranks as the best-performing economy in Australia, according to Commsec

The report uses the most recent economic data available; however, while some data relates to the December quarter, other data – such as unemployment - is timelier, covering the month of March.

In terms of overall economic activity Tasmania came in second spot, with output in the 2021 calendar year 26.4 per cent above the ‘normal’ level, just behind Western Australia at +36.1 per cent.

Businesses For Sale Tasmania

Above: On overall economic growth Tasmania ranks second to Western Australia

Equipment investment in the island state was up by 62.5 per cent in the December quarter compared with the decade average, ranking it first ahead of the ACT (+30.5 per cent) and South Australia (+14.4 per cent).

While Victoria led the way on retail spending, up 17.7 per cent in the December quarter from its decade-average levels, it just pipped Tasmania at +16.9 per cent.

Businesses For Sale Tasmania

Above: Tasmania ranks in top spot for equipment investment

Similarly, in terms of construction work done, South Australia (+24.9 per cent above its decade average in the December quarter) came in just ahead of Tasmania in second spot (+22.7 per cent).

The island state also ranked highly on dwelling starts (+2.4 per cent above the decade average in the December quarter), coming in third behind South Australia (+41.9 per cent) and the ACT (+26.7 per cent).

Businesses For Sale Tasmania

Above: Tasmania also rates highly on construction work done and retail spending

Tasmania also ranked third on home price growth (+24.5 per cent over the year to March 2022), just behind Queensland (+27.5 per cent) and South Australia (+25.2 per cent).

On the jobs measure, Western Australia had the strongest job market with an unemployment rate of 3.4 per cent in March 2022, 38.1 per cent below the decade average, followed by Queensland (34.5 per cent below the decade average) and Tasmania (29.6 per cent below the decade average.

Notably, wage growth in the year to the December quarter was strongest in Tasmania (+3 per cent), ahead of the ACT (+2.6 per cent), and NSW and Queensland (both +2.4 per cent).

If you’re looking to capitalise on Tasmania’s robust economy and buy a business in the island state, check out some of our favourite businesses for sale Tasmania below – or click here for even more businesses for sale Tasmania.

Businesses For Sale Tasmania: Gowrie Park Wilderness Village, Gowrie Park

Located in Gowrie Park, this freehold business for sale is a once-in-a-lifetime opportunity to buy an established accommodation business on the major tourist route connecting Devonport to the west coast via Cradle Mountain.

Businesses For Sale Tasmania

Above: Gowrie Park Wilderness Village features four self-contained cabins

Known as Gowrie Park Wilderness Village, the accredited tourism business is surrounded by towering mountains, including Mt Roland, Mt Claude and Mt Van Dyke, with walking tracks just minutes from the doorstep.

Businesses For Sale Tasmania

Above: The tourism business also includes 18 backpacker rooms and a 53-bed bunkhouse

Set on approximately 3.9 acres, the property comprises four self-contained cabins, 18 backpacker rooms, a 53-bed bunkhouse, powered caravan sites, 18 powered camping sites plus a grassed camping area.

Businesses For Sale Tasmania

Above: Campers are also catered for with 18 powered camping sites plus a grassed camping area

The amenities block features six ensuite-style bathrooms, two extra toilets, a kitchen and public laundry, and a games/TV room boasting an open fire.

Businesses For Sale Tasmania

Above: The amenities building includes bathrooms, toilets, a kitchen, laundry and games/TV room

Additionally, a kiosk offers ice-creams, soft drinks, basic supplies and bait worms; and a restricted liquor licence (for guests only) sells beer, wine and cider.

Businesses For Sale Tasmania

Above: Gowrie Park Wilderness Village is surrounded by towering mountains

Also including a four-bedroom residence, this unique tourism business is located just 10 minutes’ drive to Sheffield.

Click on the following link for more information on this business for sale Gowrie Park, Tasmania.

Businesses For Sale Tasmania: 3 Willows Vineyard, Deloraine

Immaculately presented and maintained, this 5.97-hectare property is situated five minutes from Deloraine on the Cradle Coast tourist route, and approximately 40 minutes from both Launceston Airport and the Spirit of Tasmania ferry in Devonport.

Businesses For Sale Tasmania

Above: 3 Willows Vineyard is a unique opportunity to buy a rural lifestyle property with multiple income streams

This is an outstanding opportunity to purchase a rural lifestyle property with multiple income streams possible from the vineyard, cellar door, wine sales and accommodation.

Businesses For Sale Tasmania

Above: The property includes a vineyard, cellar door, wine sales and accommodation

The north-facing vineyard sits on a gently sloping block and is complemented with beautiful landscaping, a spectacular dry-stone wall and white gravel driveway leading to the home and the cellar door. Built in 2017, the cellar door also includes a storage area and office plus an undercover outdoor area.

Businesses For Sale Tasmania

Above: The cellar door was built in 2017 and boasts an undercover outdoor area

The property includes 2.3ha under vines (Pinot Noir, Pinot Gris, Baco Noir, Chardonnay), including one hectare 10+ years old and the remainder planted in 2017 and 2018. The fully automated irrigation/fertigation and frost mitigation systems allow for remote operation; while two dams have pumps fitted.

Businesses For Sale Tasmania

Above: The vineyard grows Pinot Noir, Pinot Gris, Baco Noir and Chardonnay grapes

The property also includes a three-bedroom, two-bathroom renovated homestead as well as a two-bedroom cottage built in 2018 – a fabulous home office, farm-stay accommodation, granny flat or art/craft studio.

Businesses For Sale Tasmania

Above: A two-bedroom cottage presents the option of offering farm-stay accommodation

Grape contracts worth in excess of $55,000 per annum have been recently secured with major Australian wine producers, leaving enough fruit for the vineyard’s own wine production.

This is a unique opportunity for those looking to become part of the expanding Tasmanian wine industry.

Click on the following link for more information on this business for sale Deloraine, Tasmania.

Businesses For Sale Tasmania: Savoy Day Spa, Hobart

Situated in the heart of the Hobart CBD, this high-end day spa has been in operation for more than 20 years.

Businesses For Sale Tasmania

Above: Savoy Day Spa is the only full-service pool, bath and day spa in the Hobart CBD

Savoy Day Spa offers a full day spa experience of massages, beauty treatments, and facials, especially targeted towards medium to high-end consumers.

Businesses For Sale Tasmania

Above: This spa is targeted towards medium to high-end customers

Viewed as a leader in the Hobart day spa market, the spa’s luxurious premises comprise a heated indoor pool, spa, sauna and steam room – the only full-service pool, bath and day spa in the CBD.

Businesses For Sale Tasmania

Above: Savoy Day Spa has been operating for more than 20 years

The business benefits from heavy foot traffic in the heart of the city, as well as a database of over 12,000 clients and a strong social media presence, including 6,741 Facebook followers.

Businesses For Sale Tasmania

Above: The spa  features a heated indoor pool, spa, sauna and steam room

With a secure lease in place, this is a fantastic opportunity to acquire a business with an unrivalled position in Hobart’s day spa market.

Click on the following link for more information on this business for sale Hobart.

Businesses For Sale Tasmania: Australia’s Oldest Continually Licensed Pub, Hobart

A rare opportunity exists to become a part of Australian history and take up the lease on one of Hobart’s most iconic hotels, the Hope & Anchor Tavern.

Businesses For Sale Tasmania

Above: The Hope & Anchor Tavern is Australia’s oldest continuously licensed hotel

Located near Hobart’s popular waterfront, the tavern was established in July 1807, earning it the title of Australia’s oldest continuously licensed hotel. Even today, the hotel has a strong trading history with both locals and tourists.

Businesses For Sale Tasmania

Above: The hotel features a bar/dining/kitchen area with open fires

The ground floor features a bar/dining/kitchen area, beer garden and open fires for the cold winter months; while the first floor consists of three function rooms incorporating two bars, along with a self-contained commercial kitchen. The walls and rooms are filled with historic antiques and firearms.

Businesses For Sale Tasmania

Above: The hotel's walls and rooms are filled with historic antiques and firearms

The third floor has a manager’s flat and three other small attic rooms along with three bathrooms and an office.

This is an ideal opportunity for first-time publicans to walk into a wonderfully established business or a seasoned hospitality operator to add this one to their portfolio.

Businesses For Sale Tasmania

Above: The first floor consists of three function rooms incorporating two bars

Click on the following link for more information on this business for sale Hobart, Tasmania.

Businesses For Sale Tasmania: River Breeze Caravan Park, Smithton

Smithton’s newest tourist destination is now open and presents an opportunity for a motivated person to achieve a wonderful lifestyle change.

Businesses For Sale Tasmania

Above: This is a unique opportunity for a wonderful lifestyle change

The north-west Tasmanian town’s only caravan park comprises 40 powered sites and 20 unpowered sites as well as tent sites along the riverfront.

Businesses For Sale Tasmania

Above: River Breeze Caravan Park also offers three waterfront cabins

There are also three waterfront cabins plus a 'single mens' unit with four rooms. The timber entertainment deck provides a great location for campers to enjoy the waterfront.

Businesses For Sale Tasmania

Above: Smithton's only caravan park comprises 40 powered sites and 20 unpowered sites

The caravan park's amenities include communal laundry and showers, BBQ area, and a brand-new building housing a lounge/kitchen for campers.

Businesses For Sale Tasmania

Above: As well as cabins and caravans sites, the park also features tent sites along the riverfront

The property also boasts a five-bay workshop and office/kitchen.

Click on the following link for more information on this business for sale Smithton.

Businesses For Sale Tasmania: Amos House Hotel, Swansea

This is a unique opportunity to acquire an established tourism and hospitality business located in Swansea on Tasmania’s east coast, on the north-west shore of Great Oyster Bay and overlooking Freycinet National Park.

Businesses For Sale Tasmania

Above: Amos House Hotel is an established tourism and hospitality business located in Swansea

Amos House Hotel comprises seven standard motel rooms with ensuites plus a fully licensed restaurant, bar and terrace serviced by a commercial kitchen.

Businesses For Sale Tasmania

Above: The business also includes a fully licensed restaurant and bar

The two-level building also includes a full reception/office, indoor laundry and owner’s residence with three bedrooms, two bathrooms and lounge room.

Businesses For Sale Tasmania

Above: Amos House Hotel comprises seven standard motel rooms with ensuites

Amos House benefits from off-street parking and is in close proximity to the town’s amenities, including shops, post office, the beach, picnic areas and historical buildings.

Businesses For Sale Tasmania

Above: The property is close to the town’s amenities, including shops, post office and the beach

Click on the following link for more information on this business for sale Swansea.

 

 

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