We are pleased to present this outstanding tourism opportunity to the market. The "Fountainside Hotel" is a landmark property situated on a highly visible site at the entrance to Hobart's CBD. The property comprises a 50 room hotel, ground floor dining and reception areas, plus 32 car parking bays and is very well presented throughout having been extensively refurbished in recent years.
The property is being sold subject to a short term lease, and thus provides a rare opportunity for owner operators to acquire a freehold interest in a landmark CBD hotel. There is also potential for additional significant income from the large rooftop signage.
The property is being sold via Expressions of Interest closing Thursday, 16 May 2024.
Remember to mention you found this property on CommercialReady
We are pleased to present this outstanding tourism opportunity to the market. The "Fountainside Hotel" is a landmark property situated on a highly visible site at the entrance to Hobart's CBD. The property comprises a 50 room hotel, ground floor dining and reception areas, plus 32 car parking bays and is very well presented throughout having been extensively refurbished in recent years.
The property is being sold subject to a short term lease, and thus provides a rare opportunity for owner operators to acquire a freehold interest in a landmark CBD hotel. There is also potential for additional significant income from the large rooftop signage.
The property is being sold via Expressions of Interest closing Thursday, 16 May 2024.
Remember to mention you found this property on CommercialReady
Fountainside Hotel, 40 Brooker Avenue, Hobart, TAS, 7000