Penny Royal Hotel and Apartments This iconic Tasmanian complex includes 33 motel units, 39 apartments, tavern with restaurant and bar (monthly tenancy), retail shop (monthly tenancy), reception, offices, workshops, storerooms, its own windmill, the Penny Royal Gunpowder Mill (closed) and plenty of on site sealed parking (part leased) all on 1.87 hectares containing 7 titles.
Great location close to the Launceston CBD, overlooking the Tamar River and at the gateway to the famous Cataract Gorge.
Trading figures show a consistency of accommodation revenue around $2 million per annum, with significant upside opportunities from...
"Boutique Apartments" Under joint instructions from the Agents for the Mortgagee in Possession of the freehold and the proprietor of The Lido business, Knight Frank offers this appealing art deco building comprising 8 Strata Titled apartments.
The property is very well located within walking distance to the CBD and overlooks the new Regional Tennis Centre and sporting precinct.
The property presents a fantastic opportunity to continue in its current use, as short term residential apartments, or to take advantage of the Strata Titles available.
Garaging and off-street parking is provided for each unit.
Centennial Hotel - MUST BE SOLD! This high profile hotel first opened its doors in 1888 and is one of Launceston's most renowned establishments. The business made a name for itself as a family hotel featuring high quality meals in a friendly and relaxed atmosphere.
Includes a public bar, dining room in 2 sections, entrance foyer and reception, commercial kitchen, walk-in bottleshop, manager's residence, 10 ensuite rooms, basement and car park.
Walking through the doors is like taking a step back in time. The cosy dining space has a 'Lodge' feel with old prints framed on the walls, timber settings and pendant lights creat...
Batman Fawkner Inn This large imposing property is one of Australia's oldest and most historic hotels having been built in 1822 and was the founding place for the city of Melbourne. It is classified by the National Trust of Australia and listed on the Tasmanian Heritage Register.
The hotel is located in the Launceston CBD adjacent to the Grand Chancellor Inn and the York Town Shopping Square.
The hotel is on 3 levels and contains a reception and office, large public bar, cocktail bar (leased out), huge function, dining and entertainment lounge on 4 split levels, commercial kitchen, 37 ensuite rooms, guests'...