42 Grosvenor Street Sandy Bay TAS 7005
- Hotel, Motel, Pub & Leisure
- 1,252 m²
- For Sale, $6,000,000 (excl. GST)
One of Hobart's very successful accommodation properties
- Quality construction & refurbishment
- Impressive trading figures
- Strata title possibilities (STCA)
Strategic location very close to the Sandy Bay shopping precinct, beach, Hobart CBD, Salamanca Place, MONA ferry, Wrest Point Casino, Battery Point and recreation areas.
17 quality self contained apartments (11 x 2 bedrooms, 6 x studio), reception, office, guest and commercial laundries, courtyards, onsite parking, established gardens and trees. Also included is a large fully renovated family home.
In superb condition over 3 levels with plenty of on site sealed parking up to 16 cars.
The business is easy to operate (no food or beverages) and is mostly operated under management with very impressive trading figures.
There are an additional two substantial residential homes which are adjacent and can be included as optional purchases.
|Floor Area||1,252 m²|
|Land Area||1,930 m²|
|Parking||16 x Onsite parkings|
|Building Type||Partial building|
|Annual Return||Ask Agent|
|Last updated||30 Oct 2020|