BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Prominent corner freehold with a full-service hospitality offer ing\nPositioned on a prominent corner at Midway Point on the Tasman Highwa y\, this significant site of 5\,157 sqm* is a freehold hospitality venue w hich offers a full-service hospitality experience under one roof\, encompa ssing bar\, dining area\, gaming lounge\, TAB and bottle shop\, complete w ith a separate managers' residence\, offering purchasers a fantastic hospi tality asset with substantial future development upside^.\n\nAn establishe d operator underpins the income on a renewed 5-year net lease and annual C PI reviews\, delivering a secure starting return from day one.\n\nThe esta blishment draws on strong local\, commuter and visitor trade\, positioned just 6 km* from Hobart Airport and 22 km* from the Hobart CBD on the easte rn shore's key commuter corridor to Sorell and the East Coast\, carrying s ubstantial daily vehicle movements past the site.\n\nKey Investment Highli ghts:\n 70* onsite car parks\n Favourable net lease structure with tenant responsible for all statutory outgoings including land tax\n 150\,000+ pas sing cars per week\, via the Tasman Highway\n The Peninsula at Midway Poin t boasts a new 201 lot subdivision minutes from the property\n Major devel opment in Sorell on a 160-hectare landholding\, expected to deliver up to 2\,000 new homes\, staged through to 2034\n Annual CPI reviews built in\n 920 sqm* licensed hotel\n Additional 102 sqm* managers' residence\n 5\,157 sqm* corner landholding\, providing scope for future further development^ \n Annual net rent $300\,000 + GST**\n\nSecure income\, a proven hospitali ty trade\, and development upside\, positioning this as a standout opportu nity for investors.\n\nOffered for sale by Expressions of Interest closing Thursday 3rd September 2026 at 4:00 pm (AEST).\n\nFor further information or to arrange an inspection\, please contact George Burbury or James Blac k. \n\n\n*Approximate\n**Before owner outgoings\n^STCA DTEND:20260903T160000 DTSTAMP:20260730T025222Z DTSTART:20260903T160000 SEQUENCE:0 SUMMARY:Expression Of Interest: 2-6 Penna Road\, Midway Point TAS UID:CRE-2021034329-EOI X-ALT-DESC;FMTTYPE=text/html:

Prominent corner freehold with a full -service hospitality offering
Positioned on a prominent corner at Mi dway Point on the Tasman Highway\, this significant site of 5\,157 sqm* is a freehold hospitality venue which offers a full-service hospitality expe rience under one roof\, encompassing bar\, dining area\, gaming lounge\, T AB and bottle shop\, complete with a separate managers' residence\, offeri ng purchasers a fantastic hospitality asset with substantial future develo pment upside^.

An established operator underpins the income o n a renewed 5-year net lease and annual CPI reviews\, delivering a secure starting return from day one.

The establishment draws on stro ng local\, commuter and visitor trade\, positioned just 6 km* from Hobart Airport and 22 km* from the Hobart CBD on the eastern shore's key commuter corridor to Sorell and the East Coast\, carrying substantial daily vehicl e movements past the site.

Key Investment Highlights:
70* onsite car parks
Favourable net lease structure with tenant res ponsible for all statutory outgoings including land tax
150\,000+ p assing cars per week\, via the Tasman Highway
The Peninsula at Midw ay Point boasts a new 201 lot subdivision minutes from the property
Major development in Sorell on a 160-hectare landholding\, expected to de liver up to 2\,000 new homes\, staged through to 2034
Annual CPI re views built in
920 sqm* licensed hotel
Additional 102 sqm* m anagers' residence
5\,157 sqm* corner landholding\, providing scope for future further development^
Annual net rent $300\,000 + GST**

Secure income\, a proven hospitality trade\, and development upside\, positioning this as a standout opportunity for investors.

Offered for sale by Expressions of Interest closing Thursday 3rd Sep tember 2026 at 4:00 pm (AEST).

For further information or to arrange an inspection\, please contact George Burbury or James Black.

*Approximate
**Before owner outgoings
^STCA END:VEVENT END:VCALENDAR