34 Lower Road, New Norfolk, Tasmania

$4,750,000

Property Description

Fully Refurbished Accommodation Complex

Located in the beautiful rural township of New Norfolk, 32 kilometres north-west of Hobart.

This large motel complex was originally built in 1961 as the nurses quarters for the Royal Derwent Hospital.

From 2013 to 2016 the property was totally refitted and refurbished to provide a new large 3.5 star facility, which is fast becoming the number 1 accommodation provider in the whole of the Derwent Valley.

Includes 64 motel rooms, reception and office, lift foyer, breakfast/dining room, lobby, guest lounge, gymnasium, billiard room, guest laundry, manager’s residence and plenty of on-site parking.

Also included in the sale is an adjoining undeveloped building which was formerly the recreation centre for the nurses and comprises of a large dining room, private dining area, 3 conference rooms, a commercial kitchen, a basketball court, a 300 seat cinema, a large fully equipped gymnasium and swimming pool courtyard.

The whole complex comprises of 2 titles on a land area of 1.593 ha (approx).

This is a huge amount of real estate for the price and has outstanding potential to develop further into a real showpiece for New Norfolk.

Property Summary

Marketing Agent


Marketing Agency

Knight Frank

John Blacklow
Knight Frank

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Map Location ( get directions )

34 Lower Road, New Norfolk, Tasmania 7140

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