Key Investment Insights
AI generated. Confirm details with the seller.
1. Low ingoing fee of $50,000 makes this a standout opportunity for those looking to enter the hospitality industry.
2. Property is extremely well presented with elegant furniture and fittings, providing a great foundation for a high turnover food and beverage business.
3. Opportunity for new owner to put their own ideas and motivation into the hotel without having to spend a fortune.
4. Property features a street frontage cafe, spacious public bar, large dining/lounge area, drive-through takeaway food outlet, two well-equipped kitchens, 6 accommodation rooms, and manager's quarters.
5. Ideal for an experienced foodie/chef or operator with a strong team to establish a successful business.
6. Has Keno but no other gaming, and no bottle shop (although this could be easily re-established).
7. Currently not trading, offering a new lease with attractive terms to the right operator.
8. Located in the densely populated suburb of Moonah in Hobart, with main road frontage and high volume of passing traffic.
9. Parking available at the rear of the property.
10. Interested parties should conduct their own investigations and enquiries in relation to the business, and not rely solely on statements made by the vendor or their representatives.
11. All figures quoted are approximate.