Prized Launceston CBD Hotel and Development Complex

SOLD

Corner of Tamar, William & Cimitiere Streets

Launceston TAS 7250

Hotel

FOR SALE

4500m2

The offering combines an highly successful 4.5 star “boutique” hotel, together with a number of large adjoining commercial buildings identified as valuable redevelopment opportunities.

• Hotel component has 32 contemporary suites; fully licensed restaurant; commercial laundry, fully equipped gym and multi purpose conference centre
• The yet to be developed component has planning for 40 additional hotel rooms or vast potential as office, retail or residential development
• The entire complex has an abundance of car parking
• Can fully support visa applications for overseas Purchasers
• Total land area 4,710sqm*
• Gross building area 4,500sqm*


*Approx