2 Mary Street, Cygnet, Tas 7112

Wolf Property is proud to present the Commercial Hotel, Cygnet—a rare opportunity to acquire the oldest continuous heritage hotel in Cygnet a multi-income hospitality business in one of Tasmania most sought-after townships, a thriving, multi-income hospitality business. 

A Local Icon with a Rich History

Operating since 1884, the Commercial Hotel has long been a favourite among locals and visitors alike. Ideally positioned on the main street of Cygnet, it is the closest hotel to the waterfront, offering easy access to scenic walks and the D'Entrecasteaux Channel. The Commercial Hotel is a fully licenced venue and bottleshop with extended trading hours.

Consisting of multiple income streams:

- Bar & Food Trade – A well-established dining and entertainment hub
- Bottleshop – Consistently strong sales
- Accommodation – High demand in the region
- Café – A popular stop for both locals and tourists

Development Potential & Investment Appeal

The property sits on a substantial landholding of approximately 5,000 sqm, with surplus land offering enormous potential. With its own access off Charlton Street, this space presents exciting possibilities (STCA), including:

- Expansion of accommodation to meet growing demand. The demand for accommodation in Cygnet far outweighs the supply with other venues having full capacity annually. The potential for a healthy return with some upgrades and improvements to the existing rooms is substantial.
- Subdivision or redevelopment opportunities
- Further enhancement of the existing business model

This is a blue-chip investment in the heart of Cygnet, dubbed “Tasmania's Byron Bay”, by the Sydney Morning Herald—a town celebrated for its natural beauty, relaxed lifestyle, and growing popularity.

For more information, or to arrange an inspection, please contact Marnie Canvin on 0402 519 382 or Georgina Garity on 0400 136 312.

Prospective buyers should conduct their own due diligence, to confirm the accuracy and completeness of the details provided. Figures, measurements, descriptions, and photographs are indicative only.