Westbury Hotel, 107 Meander Valley Road, Westbury, Tas 7303

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parkingSpaces 25
|Hotel/Leisure
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Published on: 15 Nov 2024
Last updated on: 15 Nov 2024
Westbury Hotel, 107 Meander Valley Road, Westbury, Tas 7303
Westbury Hotel, 107 Meander Valley Road, Westbury, Tas 7303
Westbury Hotel, 107 Meander Valley Road, Westbury, Tas 7303
+12
Westbury Hotel, 107 Meander Valley Road, Westbury, Tas 7303
  • 12
Property ID: 504738332
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Key property information

Floor Area
2,268.00 m2
Parking Spaces
25
Tenure Type
tenanted

A Full "Pint" Investment. Westbury Hotel, fully Leased

Westbury Hotel, 107 Meander Valley Road, Westbury, Tas 7303
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.

Property Details

Basic Info

Property Type
Hotel/Leisure
Listing Status
On Market
Parking Spaces
25
Address
Westbury Hotel, 107 Meander Valley Road, Westbury, Tas 7303
David Webster
David Webster
Rodney Rawlings
Rodney Rawlings
54 Cameron Street, Launceston, Tas 7250
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Email enquiry to Elders Real Estate - Launceston

David Webster
David Webster
Rodney Rawlings
Rodney Rawlings
54 Cameron Street, Launceston, Tas 7250
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      Property ID: 504738332

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