107 Meander Valley Road
Westbury TAS 7303
- 25 Parks
Expressions of Interest
A Full "Pint" Investment. Westbury Hotel, fully Leased
Westbury is one of Northern Tasmania's most historic (circa 1823) and "tourism popular" centres, a mere 30 km from Launceston.Populated by many historic buildings and heritage attractions, Westbury is also a growing domestic satellite suburb commutable to both Launceston and Devonport.
Westbury Hotel, the ONLY hotel serving the town, is dominantly located fronting Meander Valley Road, the main street and holds a land area of 2,268 sqm (further land available by negotiation). Hotel facilities include; public bar; dining room; gaming lounge; a bottle-shop; fully complimented commercial grade kitchen; first floor accommodation used as managers residence; and expansive on-site parking.
The property is For Sale with the benefit of current net rent of $114,000 and current Lease term until 30 June 2029, plus further options of five (5) years each, until 2049.
Sale by Expressions of Interest, closing Tuesday 10 December 2024.
Features
General Features
- Commercial Type: Hotel/Leisure
- Building Area: 2,268sqm
- Car Spaces: 25
Can I afford 107 Meander Valley Road?
With access to the best on offer from 30 lenders and complete support and advice from pre-approval to settlement, you can trust an Elders Home Loans broker to find a quick and simple solution.
Get a Quote
Elders Real Estate Launceston
Enquire about 107 Meander Valley Road, Westbury, TAS, 7303