20 Main StreetWaratah TAS 7321
Property Details for 20 Main St, Waratah
Last Listing description (June 2022)
Magnificent Historic Imposing Landmark Hotel, with many character features and 18 accommodation rooms, inc 5 en-suite rooms.
Offering the nearest affordable accommodation to Cradle Mountain.
Current owners have made many improvements and upgrades, list available.
Recipient of recent Airbnb award. Has a very impressive web site and excellent reviews.
Very well managed business with bucket loads of potential.
The staff is experienced and honest staff, Bischoff Hotel has a great reputation for good food, friendly service and comfortable, charming cum affordable accommodation options.
Income derived from accommodation, food and beverage sales.
Self-contained owners quarters plus 3 additional off-site units available.
This is an exceptionable opportunity to purchase a unique property that has plenty of upsides.
Enjoying a healthy turnover with a very attractive net profit.
Contact Tasmania's premier Business Brokers pauls@tasbps.com.au, phone 0477 771 098.
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; Please Note: All figures quoted are approximate.
Property Code: 303
Property History for 20 Main St, Waratah, TAS 7321
- 01 Jun 2022Listed for Sale UNCONDITIONAL
- 20 Aug 2021Sold for $600,000
- 14 Aug 2020Listed for Sale UNCONDITIONAL
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0About Waratah 7321
The size of Waratah is approximately 120.3 square kilometres. It has 4 parks covering nearly 15.3% of total area. The population of Waratah in 2011 was 300 people. By 2016 the population was 235 showing a population decline of 21.7% in the area during that time. The predominant age group in Waratah is 60-69 years. Households in Waratah are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Waratah work in a labourer occupation. In 2011, 78.9% of the homes in Waratah were owner-occupied compared with 81.7% in 2016.
Waratah has 429 properties. Over the last 5 years, Houses in Waratah have seen a 83.78% increase in median value, while Units have seen a 204.93% increase. As at 31 October 2024:
- The median value for Houses in Waratah is $249,410 while the median value for Units is $278,194.
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