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5 Oast Street
New Norfolk TAS 7140
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Sold on 29 Nov 2021

5 Oast Street New Norfolk TAS 7140

  • Hotel, Motel, Pub & Leisure
  • 986 m²
  • Sold

Oast Inn - Affordable and Comfortable Accommodation

    This wonderful guest house "Oast Inn" is located at 5 Oast Street, New Norfolk TAS 7140. The historic town of New Norfolk is rich in history, quality produce and rural scenery. In New Norfolk, there is river views, mountain views and valley views all in the one place!

    The land has an overall site area of 3,749 square meters with two vehicular access points available off Oast street. This hotel is surrounded by beautiful gardens filled with roses, camellias, magnolias and flowering cherry trees. It is in a quiet location just 100 meters from the River Derwent.

    Oast Inn is a two storey building, 13 rooms spread over 2 floors, each with en-suite bathroom plus manager's flat and shared kitchen, loungeroom, living areas, commercial kitchen and function room. This flexibility means that the possibility of hosting groups ranging from schools, club groups or short-stay accommodation for couples or families alike.

    Some of the rooms are on long term lease, which generate stable income for the business.
    The remaining rooms are to be let out as short-term accommodation with higher daily rate.

    ** Upgraded the switchboard and replace/install new Reverse Cycle Split System in all accommodation room & Lounge Room in 2021 **

    Key Features:
    • Land Size: 3749m2*
    • Reception with private manager's flat
    • 13 rooms with en-suite bathroom
    • Guest laundry
    • Long lease in place
    • Well maintained gardens
    • On street parking as well as on the rear
    • 986 square meters building area
    • Fully furnished basis
    • Close to all local services and facilities within the main New Norfolk township
    • Buildings services include security alarm and monitored security cameras, smoke detectors, fire extinguishers and fire hose reels,
    • Electric heaters in all accommodation rooms
    • Electric heat pumps servicing the living areas

    Building Areas
    • Ground Floor - 696 square meters*
    • First Floor - 290 square meters*
    • Front Verandah 32 square meters*
    • Rear Verandah 43 square meters*
    • Garage/Workshop 90 square meters*
    • Carport 90 square meters*

    A Rare Opportunity to invest in Tasmania's Tourism & Commercial Sector.

    To arrange an inspection or for more information, please contact Brick & Castle Property
    Chris Yan
    Mobile: 0435 393 619
    Email: chris@brickandcastleproperty.com

    Allen Ong
    Mobile: 0432 891 551
    Email: allen@brickandcastleproperty.com

    *Approximate

    Information Disclaimer: This document has been prepared for advertising and marketing purposes only. It is believe to be reliable and accurate, but clients must make their own independent enquiries and rely on their own personal judgement about the information included. Brick & Castle and its employees accepts no responsibility for the results of any actions taken, or reliance placed upon this document by a client.
    Please note: An employee of this real estate agency has a financial interest in this property.

    Property Highlights

    Date Sold29 Nov 2021
    Floor Area986 m²
    Land Area3,749 m²
    ParkingAsk Agent
    Property ID2017181424
    Category
    Last updated  15 Dec 2021
    Map for 5 Oast Street New Norfolk TAS 7140

    Property Highlights

    Date Sold29 Nov 2021
    Floor Area986 m²
    Land Area3,749 m²
    ParkingAsk Agent
    Property ID2017181424
    Category
    Last updated  15 Dec 2021

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