400-404 Elizabeth Street North Hobart TAS 7000

We are proud to present for sale a North Hobart landmark, the 'Queens Head Hotel', situated on the corner of Elizabeth Street and Newdegate Street, North Hobart.

This well-known high-profile hotel is located in the North Hobart hospitality and retail precinct, adjacent to the State Cinema and 2 kilometres* from the Hobart CBD.

The property is being sold with vacant possession and includes a public bar, 25 gaming machines, Keno and Tote facilities, dining area, commercial kitchen, 11 accommodation rooms all with ensuites, upstairs function area with adjoining bar and plenty of on-site parking for patrons.

The property contains a couple of value adding opportunities. The site has a vacant tenancy adjoining the Hotel, previously utilised as a drive-in bottle shop, which could be used for a multitude of uses^. In addition, there is a large carpark on a separate title at the rear of the property which provides scope to generate additional income from surplus car parks.

With the hotel having a long history of successful trading, the benefit of a quality fit out, accommodation rooms, and the ability to add further value, the Queens Head Hotel provides a fantastic opportunity for an owner occupier or astute investor.

*Approx
^STCA