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77 Bayview Drive BLACKSTONE HEIGHTS TAS

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Waterfront Wildlife Retreat
Simultaneously offering an exclusive Launceston home and a successfully trading accommodation business, 77 Bayview Drive is the perfect investment for those looking for all the benefits of consistent income and luxury living. The Launceston Wildlife Retreat is a highly popular and well known boutique accommodation facility right on the South Esk River and in the heart of Blackstone Heights.

Currently enjoying high occupancy rates with forward bookings indicating great continuity, the lower-level two bedroom accommodation provides fully self-contained amenity with its own private access. Benefitting from its own kitchen, living, balcony, bathing spaces and river views, it is perfect for both extended family and paying guests.

Nightly rates fluctuate between $250-$400 per night in the already existing B&B, depending on the amount of guests and season. The upper level provides further scope to increase return on investment by establishing another B&B on the upper floor. An estimate for the upper level per night is approximately $300-$400.

Enjoying approximately 60+% occupancy rates throughout the most recent 12 months, with estimations for higher this following year with the re-opening of international borders. Providing a gross return of approximately 11% pa.

The upper floor enjoys panoramic views from the principal bedroom and open plan living spaces, the contemporary kitchen is perfectly suited to the entertainer. The wrap-around double-fronted verandah can be fully enclosed and is accessible from almost every room on the upper level.

You will enjoy north-western sunsets from both entertaining decks, morning reflections on the river and captivating views of the manicured, mixed native gardens that lead onto the river frontage and integrate with the natural bushland surroundings.

Heated and cooled by a ducted reverse cycle system on the upper level, and separate reverse cycle air conditioner on the lower enables separation between the private upper level and paying guests below.

The home sits on a generous 1,430m2 of land right on the waterfront and is often visited by a long list of birds and wildlife, including; Eastern Barred Bandicoots, Southern Brown Bandicoots, Echidnas, Spotted Tail Quolls, Wedge Tailed Eagles and many more. Another added benefit is the direct access to the South Esk River and walking tracks from your backyard.

Prominent features of this property include:
• 1430m2 of waterfront land
• haven for native birds & wildlife
• highly profitable short-term accommodation business
• upper and lower double-fronted verandahs
• raked ceilings and strong architectural qualities
• extensive storage and garaging with internal access
• infrared camera system placed in the gardens to capture wildlife at night
• direct access to the South Esk River and walking tracks from your backyard
• currently set up for bookings on booking.com, AirBNB, Vrbo & Home Exchange

Commercial/Residentially zoned and fully approved as a highly profitable leisure and accommodation business or a dream waterfront home with strong architectural qualities. This property is a unique offering in a well sought after and growing suburb of Launceston, just 12 minutes out of the city centre. Contact Lochie today to arrange your private inspection.

Wildlife footage from the gardens can be found here: https://www.youtube.com/channel/UCOFqDcfzBXrGfzlO0vtHF2g/videos
Short-term accomodation website: https://www.launcestonwildliferetreat.com.au/
*With the option of including the majority of the furniture in the B&B, existing websites and everything required to continue the existing business.

Living Here Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Information

  • Residential Sale
  • By Offer
  • TAS
  • Launceston & Northern
  • BLACKSTONE HEIGHTS
  • House
  • For Sale
  • 197 sqm
  • 1430 sqm
  • 2