AAAAA location. Oozes charm and WOW factor with solid returns.

$3,590,000

270-280 York Street

Launceston TAS 7250

Leisure

FOR SALE

1m2

    • Building Name Art Hotel on York
Phone enquiries - please quote property ID 25205

Features:
• 24 room City Boutique ART Hotel
• Only 800 metres to City Mall
• Sophisticated Wi-Fi
• Recently refurbished to high standard
• Cafe and Restaurant upgrade (only currently operating for breakfast)
• Hotel built around French Provincial courtyard
• Short walk to Cataract Gorge one of the great walks of the world
• Very close to Dan Murphy’s and Woolworths
• Low maintenance
• Walk to Seaport Restaurants and parks
• Centrally located to great Restaurants and coffee shops
• Three street frontage on Five land titles
• Oozes charm and WOW factor, AAAAA location with solid returns.
• Valuable International Art prints collection


Owners comments:

Renovated from no star to four star over the last three years.
New brand - ‘Art Hotel on York’.

CBD Art Hotel.
Renovated city gem.
Complete package.
Blue chip.
AAAAA location.
Rare find on five land titles.
Solid business increasing year by year.
Strongly themed artistic charm and character.
Owners selling to retire.

Priced to sell: $3,590,000 (sav)

Disclaimer: Descriptions and pics are indicative only and may change at any time without notice.

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