Rutherglen Holiday Village

SOLD

Unit 42 Rutherglen Road

Hadspen TAS 7290

Hotel

FOR SALE

1m2

Under instructions from the Liquidator the land, improvements and infrastructure of all that property formerly trading as Rutherglen Holiday Village, is offered For Sale by Public Auction.

Trading until recently, the property incorporates:

• Tavern; bottleshop and cafe
• Function centre
• 20 room motel
• Managers residence
• Indoor sports venue

The multi-faceted property has, several bars; two indoor swimming pools; several commercial kitchens and function prep-kitchens, all of which remains in situ.

The property is contained in three titles and has an over-all land holding of 5.586 hectares (approx.)

Situated facing the former Bass Highway and partly on the banks of the South Esk river, the complex is on the outskirts of Hadspen which is a growing "suburb" of Launceston, which is some 10 minutes driving time from the property.

Rutherglen Holiday Village was developed in the early 1980's, as a facility which it's name describes, and now offers considerable opportunity to re-open and revitalise as its former activity or many other possible uses.

In addition to hospitality and tourism activities, the property may lend itself to:

• Caravan and cabin park
• Backpackers facility
• Hostel accommodation
• Church group usage

Inspections by interested parties will likely identify an excellent opportunity to secure an asset which has vast potential.

Auction on-site 9th May 2013 at 1pm.

Call David Webster of Knight Frank on 0419 516 629 to discuss this opportunity further.