Key Investment Insights
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1. Prime location: The Rosevears Hotel is situated on a spectacular waterfront site on Cimetiere Point overlooking the Tamar River, one of Tasmania's most memorable and scenic locations.
2. Established business: The hotel has a proven track record of success and is well-known and highly regarded in the local community.
3. First-class facilities: The hotel boasts a range of outstanding spaces, including a public bar, lounge bar, two dining rooms, and a substantial deck, all with stunning river views.
4. Multiple income streams: In addition to the hotel, the property includes a highly regarded and consistently patronized bakery, a function room, a substantial entertaining marquee, and an observation deck, providing multiple sources of income.
5. Accommodation arm: The hotel has 28 inviting units that have been built to meet strata title specifications, providing comfortable and stylish accommodation for guests.
6. Growth potential: With its prime location and established business, the Rosevears Hotel has great potential for growth and expansion.
7. Well-maintained property: The hotel has been well-maintained and is in excellent condition, with a modern and stylish interior.
8. Ample car parking: The property includes ample car parking on a site measuring 11,710 sqm, providing convenience for guests and staff.
9. Experienced team: The current owners have a highly experienced and dedicated team in place, providing a smooth transition for new owners.
10. Outstanding natural beauty: The hotel is situated in an area of outstanding natural beauty, making it a popular destination for tourists and locals alike.