10-16 Wellington Street Launceston TAS 7250

Colliers and Harrison Agents are pleased to present 10-16 Wellington Street, Launceston for sale via Expressions of Interest (EOI) closing Wednesday 16th April 2025 (AEDT)

10-16 Wellington Street is a one-of-a-kind prime site with approved plans for an international hotel offering, luxury apartments and vibrant hospitality spaces.

Within the site, the hotel component is currently subject to a Hotel Management Agreement (HMA) to be branded and managed as a Pullman by Accor Properties Pty Limited (Accor) for an initial term of 20 years^.

The site is in a precinct considered one of the most attractive locations in Launceston, positioned between the CBD, Seaport and Cataract Gorge. This development is set to capitalise on Launceston's popularity and growth.

Key highlights of the property are as follows:
- HMA is an opportunity for a strategic partnership with Accor

- Site land area of 5,361m2*

- Development Approval in place

- DKO development scheme includes hotel, residential, commercial and retail

- 139 guest hotel rooms across an 11 storey hotel

- 13 luxury apartments

- Versatile commercial spaces

- Launceston was named as a UNESCO City of Gastronomy, one of only 36 worldwide

* Denotes approx

For more information, please contact the exclusive selling agents below.

Mark Burgio
Colliers
+ 61 423 388 981

Tom Harrison
Harrison Agents
+61 405 195 431

* approx
^Any interested parties will need to register a formal request to review the existing Hotel Management Agreement (HMA)