120 Bathurst Street, LAUNCESTON 7250
$1.3 million negotiable
Robert Dixon

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David Webster

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Knight Frank Tasmania - Launceston
41 York Street,
Launceston, TAS 7250

120 Bathurst Street, LAUNCESTON 7250

Accommodation/Tourism for sale

120 Bathurst Street, LAUNCESTON TAS 7250

$1.3 million negotiable

Business Details

"The Centennial"

"The Centennial" provides a landmark freehold property situated opposite the "Coles" Supermarket, Launceston. This property recently sold to an investor/developer.

"The Centennial" offers an opportunity to collect the rent from the ground floor tenant (approx. $60,000 pa net) and run the accommodation on the first floor.

The first floor rooms have all been upgraded with ensuite bathrooms and the 11 rooms currently return a strong income on a very achievable room rate.

A terrific opportunity to further expand on the tourism resurgence and benefiting from a well respected restaurant on the ground floor.

Summary »

  • Business Category: Accommodation/Tourism
  • Business Sub Category: Hotel

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Knight Frank Tasmania - Launceston
41 York Street,
Launceston, TAS 7250

Phone: 03 6333 7888
Fax: 03 6334 0088

Robert Dixon
Phone: +61 3 6333 7888
Mobile: +61 408 134 025

David Webster
Mobile: +61 419 516 629

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