Commercial – 153 Risdon Road LUTANA TAS

  • Offer Over $4,600,000
Featured For Sale
153 Risdon Road LUTANA TAS
  • Commercial
  • Property Type
  • 1095
  • 1961
  • Year Built
Featured For Sale

Commercial – 153 Risdon Road LUTANA TAS

153 Risdon Road LUTANA TAS
  • Offer Over $4,600,000

Overview

  • Commercial
  • Property Type
  • 1095
  • 1961
  • Year Built

Description

Freehold or Investment Asset!

Waterfront Lodge, 153 Risdon Road, Lutana 7009 TAS

Here’s a unique opportunity to secure a freehold motel that is beautifully positioned, and you can enjoy taking in views of Newtown Bay.
The property is situated along a quiet neighbourly street, within a 5-10-minute drive to the centre of Hobart city and local attractions. As well as the great location, Waterfront Lodge offering 30 guest rooms across 2 levels in the main hotel building and there is also a cottage with an additional 6 en-suite rooms. The property in its entirety consists of 36 en-suite rooms on a 2,597 square metre site.

All the rooms have been recently refurbished and they now offer good standard budget style rooms which make it one of the best value accommodation properties in Hobart. It also has an approved DA for upgrading the reception area.
The amenities of the site include outdoor swimming pool, BBQ area and on-site parking. A communal laundry and kitchen also feature onsite for guest convenience. Similarly, and importantly, the property has the convenience of an on-site managers / caretakers residence.

Key Features:
• Total of 36 guest rooms across main building and cottage
• The building and guest rooms have undergone renovations and improvements over the years
• Excellent returns – currently leased to experienced local operator (Freehold option is available)
• Highly regarded tenant on a 5+5 year lease returning approx. $250,000 plus GST per annum (Freehold option is available)

The asset is for sale for offers over $4.6mil, freehold can be discussed.

You have the opportunity to invest and receive a great return. For further information on this property please contact
Chris Yan – 0435 393 619 chris@brickandcastleproperty.com
Allen Ong – 0432 891 551 allen@brickandcastleproperty.com

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property’s land size, floor plans, and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.

  • Address 153 Risdon Road LUTANA TAS
  • State/county Tasmania
  • Zip/Postal Code 7009
  • Country Australia

Details

Updated on April 8, 2022 at 6:40 am
  • Price: Offer Over $4,600,000
  • Property Size: 1095 m²
  • Land Area: 2598 m²
  • Year Built: 1961
  • Property Type: Commercial
  • Property Status: For Sale

Contact Information

Allen Ong
Chris Zhipeng Yan

Enquire About This Property

Compare listings

Compare
Chris Zhipeng Yan
  • Chris Zhipeng Yan