Launceston, Tasmania

$1,400,000

Property Description

Prime position, stunning building and significant upside. | Resort Brokers ID : LH006123

Offered exclusively by ResortBrokers® Quest Launceston comprises 43 studio, one, two or three-bedroom serviced apartments. Other property features include conference facilities and access to off-site car parking and gymnasium. Located in the heart of Launceston, the building dates back to the early 1900s and was completely refurbished and opened in 2006.



  • 43 apartments

  • Outstanding central location in Launceston CBD

  • Part of successful Quest Apartment Hotel brand

  • Conference facilities

  • Strong and consistent occupancy

  • Huge upside with true owner operator

  • In excess of $500,000 in refurbishment has been spent

  • Beautiful heritage building

  • Property inspections are by appointment only

Date updated: 05 Dec 2019 23:00:07

Property Summary

Business Snapshot

Price: $1,400,000 Net Profit: $343,251

Hotel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent


Marketing Agency

ResortBrokers

Damon Lunardello
ResortBrokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Launceston, Tasmania 7250 Exact map location not provided

Similar Properties