5927 Arthur Highway
Taranna, TAS 7180

Overview

Discover a Rare Lifestyle and Business Opportunity

Nestled on the breath-taking Tasman Peninsula and overlooking the tranquil waters of Little Norfolk Bay, this unique 1.175-hectare estate presents an extraordinary opportunity to secure your own coastal sanctuary with immediate revenue and further income potential.

Positioned along the iconic Arthur Highway in the captivating township of Taranna, this exciting going concern blends natural beauty, income, and lifestyle flexibility in one remarkable property.

Whether you are a tourism or hospitality professional, a group of friends dreaming of owning a holiday destination together, a large family seeking space to gather, a retail business, a service-based business, or an entrepreneur ready for an innovative venture, 5927 Arthur Highway delivers lifestyle and flexibility in equal measure.

With strong passing traffic along the Arthur Highway—a key tourist route and gateway to world-renowned attractions including Tasmania's most visited Port Arthur Historic Site—the potential for growth is substantial.

Previously known as Mussel Boys, the owner changed direction after their then young family arrived to reposition as the current Little Norfolk Bay Bistro and Chalets, popular for its seafood and relaxed dining experience and rejuvenating stay.

The heart of the property is a charming restaurant previously a main residence featuring eye-catching timber floors and exposed beams, peaceful water views, an original chef's kitchen, a cosy free-standing fireplace, open-plan living with mezzanine bedroom, an expansive wraparound veranda for shared meals and sunset gatherings, two bathrooms, and garage or storage space. With its inviting character and captivating spaces, the building can continue as it is, or the home is ready for new owners to infuse their own style and vision. There is even potential to transform it into a cellar door, boutique hospitality space, retail space, or special event venue (subject to council approval).

The estate includes four contemporary self-contained chalets, perfect for extended family, guests, group bookings, or an Airbnb venture, with forward bookings already in place. These chalets are ideal for short-stay accommodation, private and well-positioned across the property, with opportunity to strata title dwellings separately (subject to council approval) and potential for subdivision (subject to council approval).

There were once plans for five additional studio apartments plus a three-bedroom home with units underneath, highlighting the significant future development potential (subject to council approval).

Endless possibilities include securing a shared holiday property and generating income when not in use, establishing a boutique tourism or retreat venture, creating a wedding or events venue, developing a potential self-contained caravan site (subject to council approval), exploring subdivision or further development options (subject to council approval), or enjoying a holiday retreat for a large family or group of friends.

Imagine welcoming guests to a tranquil peninsula escape, hosting intimate weddings or special events against a stunning natural backdrop, or simply enjoying the property as your own expansive coastal getaway. The layout lends itself beautifully to exclusive-use bookings, retreats, and bespoke events.

Key features include five separate buildings, 1.175 hectares of land, a 6m x 9m Colourbond shed with power and water, established gardens, fruit trees and veggie patches, highway frontage on a frequented tourist route with water views, multiple income streams from accommodation and restaurant/events, established improvements ready for immediate use, and potential subdivision or strata opportunities (subject to council approval).

The unbeatable location is approximately 1 hour 15 minutes to Hobart, 10 minutes to Three Capes Track, Pennicott Wilderness Journeys, Port Arthur Historic Site, and the Tessellated Pavement in Eaglehawk Neck, 5 minutes to Pirates Bay Surf Beach, a walk to Tasmanian Devil Park, Unzoo, and Tasmanian Chocolate Foundry, 15 minutes to Nubeena with school, medical centre and shops, and 1 hour to the Coal Valley and Richmond wine and cheese region. Positioned in one of Tasmania's most scenic regions, opportunities like this on the Tasman Peninsula are rare and exciting.

Opportunities of this scale—combining flexibility, commercial viability, and coastal beauty—are rarely offered on the Tasman Peninsula. Whether gathering friends, bringing family together, or ready to launch a long-held dream, this is a chance to secure something truly special.

Interested parties are encouraged to make their own independent enquiries and investigations to determine the specific details and satisfy themselves of the accuracy of the property and business information. No warranty is given as to the correctness of the information.

Location