property/107 Meander Valley Road Westbury TAS 7303

Westbury is one of Northern Tasmania's most historic (circa 1823) and "tourism popular" centres, a mere 30 km from Launceston.
Populated by many historic buildings and heritage attractions, Westbury is also a growing domestic satellite suburb commutable to both Launceston and Devonport.
Westbury Hotel, the ONLY hotel serving the town, is dominantly located fronting Meander Valley Road, the main street and holds a land area of 2,268 sqm (further land available by negotiation). Hotel facilities include; public bar; dining room; gaming lounge; a bottle-shop; fully complimented commercial grade kitchen; first floor accommodation used as managers residence; and expansive on-site parking.

The property is For Sale with the benefit of current net rent of $114,000 and current Lease term until 30 June 2029, plus further options of five (5) years each, until 2049.
Sale by Expressions of Interest, closing Tuesday 10 December 2024.