TARRALEAH TAS 7140
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- Hotel / Leisure
- Floor area:
- 1,450,000 - 1,460,000m²
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- 18 Nov 2016
Knight Frank are privileged to offer for sale this magnificent town in the Central Highlands, 126km from Hobart.
The Central Highlands is a popular tourist destination for fishing, bushwalks, hunting, golf and stunning scenery.
Originally built in the 1920’s and 1930’s as a Hydro town for 2,000 residents, the entire township is now primarily devoted to tourism, weddings, conferences and functions. ALL buildings have been expertly renovated to a top class standard.
Set on 145.5ha approx, with 6 titles, the property has superb infrastructure and its own water supply, dam, electricity, sewerage, fibre cabling and road networks.
There is a lake stocked with trout and salmon, 4 bush walks, the Big Tree Forest and access to the Tarraleah Golf Club.
Annual revenue is around $2.1 million. The final stages of total restoration have just been completed so new purchasers can take full advantage of Tasmania’s booming tourism industry.
THIS UNIQUE TOWNSHIP INCLUDES ALL OF THE FOLLOWING
The Lodge: Award-winning luxurious accommodation with 9 suites, dining room, library. “One of the Cool Hotels of the World” (Vogue Entertaining + Travel)
Cliff Top Spa: Sauna, spas, massage rooms, gymnasium and spectacular views
Art Deco cottages: 15 unique three and four bedroom fully restored cottages
The Blue House: New 5 bedroom home overlooking the escarpment
Highland Cabins: 6 one and two bedroom cabins
The Edge Function Centre: Two-storey architectural award-winning building for 100 guests overlooking the Nive River Valley. Great reception area. Magnificent wine display units
The Great Hall: Function centre for 150 guests together with 3 ensuite rooms, an apartment and squash court
Highlander Bar & Restaurant: Public bar, restaurant, beer garden and commercial kitchen
Scholars House: 11 studio style rooms with communal lounge and kitchen
The Office: Staff accommodation with 7 bedrooms and communal lounge
Cricketers Pavilion: Self-contained one bedroom apartment
Reception Building: Gallery shop, offices, commercial laundry
Teez Café: Internal seating and external patio seating for 50
Highland Church: Original features, including pews, used for weddings and conferences
The TAB Building: Staff accommodation with two bedrooms
Hydro Electric Interpretation Centre: Leased to the Hydro Electric Commission—great tourist attraction
Highland Caravan Park: 32 powered sites, amenities block, 2 studio rooms
Other: Highland cattle, dam with fish, The Black Shed, Central Garage workshop and containers
Development Land: 74 hectares zoned “Holiday Residential” for further development
“This whole town is an outstanding example of what one individual can achieve with a dream. It is indeed a reluctant sale. It will be an acquisition for which any company, group, franchise operator or individual can be immensely proud of. An inspection will highly impress!”
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information