107 Meander Valley Road
Westbury TAS 7303
- 25 Parks
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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.
Features
General Features
- Commercial Type: Hotel/Leisure
- Building Area: 2,268sqm
- Car Spaces: 25
Can I afford 107 Meander Valley Road?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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