FOR SALE
$495,000+SAV

Contact Agent For Address
George Town TAS 7253

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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$500K+ Net Perfectly Positioned Tasmanian Country Hotel With Gaming T/O 2.2m+

Cash is King-Embrace Financial Freedom With This Leasehold Business
A rare opportunity is now available to own a business that runs by itself, all you need is people management skills and a customer-pleasing persona. Hotel operations experience would be a bonus, as it offers great profits as is and an experienced operator would enjoy greater success and secure their financial future.
This hotel is a hidden gem, which offers an array of income streams from approximately 85 seat restaurant/ bistro, public bar, 25 electronic gaming machines.
Kitchen boasts modern amenities, and with an experienced team of approximately 21 staff members and 2 full-time chefs, the owners enjoy flexible hours.
Located in Northern Tasmania in a popular tourist area.
This business has been financially rewarding to current operators.
Families-friendly dining and atmosphere, Sports Bar caters for patrons who enjoy the AFL and other sports or for a chilled beer over the counter.
Take charge of your life as this leasehold hotel offers strong income, ideal for a working couple, could be operated under management by an experienced hotelier or anyone who wishes to earn a great income and enjoy life in Tasmania, the place to be.
Call Praveen Pant on 0432 256 682 or contact Paul Scott on 0477 771 098 email: pauls@tasbps.com.au/ praveenp@tasbps.com.au INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
NOTE: All figures are approximate.
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Property Details for Contact Agent For Address, George Town

Building Type
Commercial
Floor Size
1m2

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About George Town 7253

The size of George Town is approximately 104.8 square kilometres. It has 26 parks covering nearly 26.7% of total area. The population of George Town in 2011 was 4,303 people. By 2016 the population was 4,338 showing a population growth of 0.8% in the area during that time. The predominant age group in George Town is 60-69 years. Households in George Town are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in George Town work in a labourer occupation. In 2011, 57.8% of the homes in George Town were owner-occupied compared with 59.2% in 2016.

George Town has 2,650 properties. Over the last 5 years, Houses in George Town have seen a 75.82% increase in median value, while Units have seen a 67.82% increase. As at 31 October 2024:

  • The median value for Houses in George Town is $361,489 while the median value for Units is $385,565.
  • Houses have a median rent of $380 while Units have a median rent of $290.
There are currently 53 properties listed for sale, and 8 properties listed for rent in George town on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in George town.

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Paul Scott
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Praveen Pant
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