270-280 York Street, Launceston, TAS 7250

Hotel/Leisure

For Sale $3,750,000

  • Property ID: 377908
  • Floor Area: 1m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
AAAAA location. Oozes charm and WOW factor with solid returns.

Phone enquiries - please quote property ID 25205.

Features:
FREEHOLD GOING CONCERN
• 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 short 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 Titles
• Oozes charm and WOW factor, AAAAA location with solid returns.
• Valuable 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: $3,750,000 (sav)

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

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Launceston Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $3578 --- ---
Retail $2576 --- ---
This is the average advertised price, rent and yield for Launceston, TAS 7250*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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