Tourism and Business - April 2023 - updated

Commercial Hotel . 2 Mary Street, Cygnet, TAS . Freehold & Business - For Sale by for $2.5 million plus SAV.

Located in the beautiful rural township of Cygnet, 55 kilometres south of Hobart. Operating since 1884, the hotel contains a public bar, lounge bar, dining room, drive-in bottleshop, bakery/ cafe with external deck and on the first floor there are 6 accommodation rooms, managers flat, function room and guest lounge. Containing some 5,096 square metres* of surplus land in the town centre which has development possibilities (STCA). Annual revenue is estimated to be around $3 million.

Development possibilities to add accommodation on surplus land^

Prominent high profile site in the town centre

Large car park on site

Diversified income stream with popular cafe

G reat clientele, very popular venue

Large site area of 5,096 sqm*

John Blacklow 0418 128 735 john.blacklow@au.knightfrank.com

Matthew Wallace 0418 136 086 matthew.wallace@au.knightfrank.com

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KnightFrank.com.au

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