3 Hotel & Leisure Properties For Sale in Launceston

61HL - ICONIC LAUNCESTON HOTEL WITH 60% RETURN

* A favourite of the 18 to 30 years market.
* So close to the city centre
* Extremely long lease.
* Are you looking for a good time, long time - or both?

Keep doing the 'same old, same old' for the next five years and you'll take away a pre-tax income of well over $1.5 million.

There's even more upside with the backpacker's market offering potentially 26 beds and a chance to run hot from September to April.

Since the suits of China came to Tasmania, the entire island has taken off - there's no stopping it, with direct flights planned for next year - subject to airport development.

Lau...

Iconic Launceston Pub For Sale The Royal Oak

With retirement looming the owner has decided to sell after a solid 42 years of serving, entertaining and feeding many thousands of locals and interstaters alike.
First licensed in 1851 the Royal Oak Hotel is a pub that oozes immense character and ambience and is now seeking a new owner to take it to the next stage of its long life.
The location of the Oak certainly displays upside, sited on the popular pedestrian ant trail and located high upon the corner of Brisbane and Tamar streets. Only a short walk to the UTAS Stadium (Home of the mighty Hawks) and directly opposite Launceston’s ma...

'Novaro's Restaurant' - A Launceston Leader - Business For Sale

Specializing in local produce and serving Modern Italian cuisine Novaros Restaurant was established 23 years ago and throughout that time has been a leading light on the Launceston dining scene. Located in Brisbane Street in a beautiful Edwardian building offering a warm and inviting dining room and only a short walk to the Launceston CBD. In the immediate vicinity are many hotels and B&Bs and the beautiful City Park and Princess Theatre, the restaurant is ideally positioned to capture both visiting and local patrons. Successful, much lauded and consistently highly ranked, this is a rare oppo...