This is a unique opportunity to secure a prime freehold property beautifully positioned at Newtown Bay. The Waterfront Lodge offers a stable investment with a long-term lease in place, ensuring strong rental income.
Lease Information:
* Lease term until 2030
* Initial term: 5 years
* Two options of 10 years each
* Rent: $350,000 + GST per annum
* Tenant responsible for outgoings
Property Overview:
The property features 30 guest rooms across two levels in the main hotel building, along with a separate cottage offering six additional en-suite rooms (each room contains a kitchenatte). Amenities include an outdoor swimming pool, BBQ area, on-site parking, a guest kitchen, and a sun terrace, making it an attractive accommodation destination.
Key Features:
• Renovated and well-maintained guest rooms and building
• On-site manager/caretaker residence
• 2,597 sqm site area in 1 title
• All 36 accommodation rooms fully refurbished
• Includes main building, cottage, swimming pool & ample parking
• Stunning waterfront view
• 10 mins drive from Hobart CBD
For further information on this property please contact Brick & Castle Property
Zmin Yang - 0413 627 963 yang@brickandcastleproperty.com
Chris Yan - 0435 393 619 chris@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.
