Ad ID: 121033

Iconic Hotel for Sale Tasmania

Freehold Passive Investment, Experienced Tenant, Long Lease, 8.5% Net Return from year 2

O/O $1 Million

Why buy this Iconic Hotel Business

Iconic Hotel for Sale Tasmania Asking: O/O $1 Million

Iconic St Marys Hotel

This magnificent property, built circa 1910 with a commanding full-length veranda and balcony, is now available as a freehold passive investment.

It features a grand staircase, stained glass leadlight windows, and high ceilings from a bygone era.

With an experienced operator on a long lease, the pub guarantees a great return for the investor.

As the only hotel in St Marys and for many kilometers in any direction, it is located on the main Esk Highway leading to the East Coast and major towns like St Helens, Scamander, and Bicheno.

This popular country pub generates income from accommodation, food and beverage sales, and over-the-counter and bottle sales.

It enjoys high turnover and great reviews, particularly for its food.

The property includes a 758 m² solid brick building on nearly an acre of land, bordering the famous St Marys Rivulet.

It offers 15 accommodation rooms with clean and comfortable shared bathroom facilities, commercial kitchen, 2 dining rooms, public bar, manager's apartment, beer garden, and a parking area.

This is where locals gather, the community meets, and tourists and travelers stop for refreshments and a meal. With an experienced operator, this pub will thrive with strong support and business by forming lasting relationships with the community.

For further information on this exciting and rare opportunity contact Neha Suyal at 0490 120 104 or Paul Scott at 0477 771 098 or email [email protected] INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

Please Note: All figures quoted are approximate.
For more info
Contact: Paul Scott

Paul Scott

Business Brokers Network Australia
Broker Ref: 21454.1

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