FOR SALE
Offers Over $1 Million

48 Main Street
St Marys TAS 7215

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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Iconic St Marys Hotel: Freehold Passive Investment, Experienced Tenant, Long Lease, 8.5% Net Return from year 2

This magnificent property, built circa 1910 with a commanding full-length veranda and balcony, is now available as a freehold passive investment.
It features a grand staircase, stained glass leadlight windows, and high ceilings from a bygone era.
With an experienced operator on a long lease, the pub guarantees a great return for the investor.
As the only hotel in St Marys and for many kilometers in any direction, it is located on the main Esk Highway leading to the East Coast and major towns like St Helens, Scamander, and Bicheno.
This popular country pub generates income from accommodation, food and beverage sales, and over-the-counter and bottle sales.
It enjoys high turnover and great reviews, particularly for its food.
The property includes a 758 m² solid brick building on nearly an acre of land, bordering the famous St Marys Rivulet.
It offers 15 accommodation rooms with clean and comfortable shared bathroom facilities, commercial kitchen, 2 dining rooms, public bar, manager's apartment, beer garden, and parking area.
This is where locals gather, the community meets, and tourists and travelers stop for refreshment and a meal. With an experienced operator, this pub will thrive with strong support and business by forming lasting relationships with the community.
For more information or to arrange a private viewing of this remarkable property, contact Praveen Pant at 0432 256 682 or Paul Scott at 0477 771 098, or email praveenp@tasbps.com.au.
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Property Details for 48 Main St, St Marys

Building Type
Commercial
Floor Size
1m2

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About St Marys 7215

The size of St Marys is approximately 192.1 square kilometres. It has 14 parks covering nearly 43.2% of total area. The population of St Marys in 2011 was 800 people. By 2016 the population was 679 showing a population decline of 15.1% in the area during that time. The predominant age group in St Marys is 50-59 years. Households in St Marys are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in St Marys work in a community and personal service occupation. In 2011, 76.6% of the homes in St Marys were owner-occupied compared with 78.1% in 2016.

St Marys has 585 properties. Over the last 5 years, Houses in St Marys have seen a 94.26% increase in median value. As at 31 October 2024:

  • The median value for Houses in St Marys is $441,814 while the median value for Units is $407,095.
  • Houses have a median rent of $240.
There are currently 17 properties listed for sale, and 1 property listed for rent in St marys on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in St marys.

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