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Westbury, 107 Meander Valley Road

The Berriedale Hotel - Westbury

$1,350,000 No GST

Listing Number: TNT0651
About this listing
Freehold Hotel's do not come on the market every day in Tasmania, especially ones like the Berriedale Hotel in Westbury - a property that oozes historical charm, has a great tenant in place and also presents the new owner with potential further development opportunities!

As a long term investment this property is a sound option, to the developer looking to realise further upside this property represents a great opportunity.

- Freehold property sale with strong lease in place
- Net rent of $104,000 per annum (Plus GST / Outgoings)
- Solid lease term of 5 years with 3 x 5 year options
- Total land size of 4105m2 / large vacant balance of land for potential future development STCA
- Maintained to a very high standard, presents very well

'For more information please contact Andy Howell of NAI Harcourts North. "Commercial Real Estate Services, Worldwide."
Property Information
  • Floor Area: 1000 sqm
  • Land Size: 4105 sqm
  • Property Type: Land, Tourism / Motel / Hotel

Contact Details

NAI Harcourts North

114 George Street
Launceston
Launceston
Office website

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