The freehold and business of the Marrawah Tavern situated in township of Marrawah, Tasmania's westernmost settlement. This single storey hotel includes a public bar, dining room, commercial kitchen, five bedroom manager's residence, rear sheds, cool rooms and large car park on a single title of 5,448 sqm (approx.).
The business enjoys an outstanding reputation for its counter meals and provides comfortable and welcoming surrounds for locals and tourists alike. Renovations and updates of the building were completed circa 2009/10, with the building largely comprising a modern, well provisioned and maintained internal fit out.
The business is well diversified with bar, dining room and takeaway alcohol sales. Trading figures show year on year sales growth.
Asking price of $625,000.
To enquire about this opportunity, please contact Knight Frank for further details.
The size of Marrawah is approximately 144.5 square kilometres. It has 5 parks covering nearly 45.7% of total area. The population of Marrawah in 2011 was 374 people. By 2016 the population was 139 showing a population decline of 62.8% in the area during that time. The predominant age group in Marrawah is 50-59 years. Households in Marrawah are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Marrawah work in a managers occupation. In 2011, 57.9% of the homes in Marrawah were owner-occupied compared with 68.3% in 2016..
Marrawah has 128 properties. Over the last 5 years, Houses in Marrawah have seen a 122.51% increase in median value. As at 31 October 2024:
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