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Fountainside Hotel, 40 Brooker Avenue, Hobart, TAS, 7000

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Fountainside Hotel, 40 Brooker Avenue, Hobart, TAS, 7000
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Fountainside Hotel, 40 Brooker Avenue, Hobart, TAS, 7000

Fountainside Hotel, 40 Brooker Avenue, Hobart, TAS, 7000

Properties / Sold / Tasmania / Hobart
Investment Potential

1. Property Summary

Selling Method
EOI
Selling Details
Contact agent
Land Area
1,427 m² (*approx)
Floor Area
2648 m² (*approx)
Property Type
Hotel/Leisure
Sub-type
Hotel
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2. Property Highlights

Outstanding tourism opportunity
  • Gateway to the Hobart CBD location
  • Refurbished 50 room hotel + 32 carparks
  • Rare freehold opportunity

We are pleased to present this outstanding tourism opportunity to the market. The "Fountainside Hotel" is a landmark property situated on a highly visible site at the entrance to Hobart's CBD. The property comprises a 50 room hotel, ground floor dining and reception areas, plus 32 car parking bays and is very well presented throughout having been extensively refurbished in recent years.

The property is being sold subject to a short term lease, and thus provides a rare opportunity for owner operators to acquire a freehold interest in a landmark CBD hotel. There is also potential for additional significant income from the large rooftop signage.

The property is being sold via Expressions of Interest closing Thursday, 16 May 2024.

Remember to mention you found this property on CommercialReady

Read More
Investment Potential

1. Property Summary

Property Type
Hotel/Leisure
Sub-type
Hotel
Land Area
1,427 m² (*approx)
Floor Area
2648 m² (*approx)
Selling Method
EOI
EOI Closing Date
16 May 2024 04:00PM
Add to calendar
Selling Details
Contact agent

2. Property Highlights

Outstanding tourism opportunity
  • Gateway to the Hobart CBD location
  • Refurbished 50 room hotel + 32 carparks
  • Rare freehold opportunity

We are pleased to present this outstanding tourism opportunity to the market. The "Fountainside Hotel" is a landmark property situated on a highly visible site at the entrance to Hobart's CBD. The property comprises a 50 room hotel, ground floor dining and reception areas, plus 32 car parking bays and is very well presented throughout having been extensively refurbished in recent years.

The property is being sold subject to a short term lease, and thus provides a rare opportunity for owner operators to acquire a freehold interest in a landmark CBD hotel. There is also potential for additional significant income from the large rooftop signage.

The property is being sold via Expressions of Interest closing Thursday, 16 May 2024.

Remember to mention you found this property on CommercialReady

Read More
Investment Potential
Richard Steedman
Richard Steedman
+61 *** *** *** show +61 408 559 046
Matthew Wallace
Matthew Wallace
+61 *** *** *** show +61 418 136 086

Download Development Site Report

3. Property Location

Fountainside Hotel, 40 Brooker Avenue, Hobart, TAS, 7000

Property Map
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Fountainside Hotel, 40 Brooker Avenue, Hobart, TAS, 7000 Hobart
Elders Tasmania
Elders Tasmania
5 Victoria Street, Hobart, Tasmania, Australia, 7000
View Agency Profile
Richard Steedman
Richard Steedman
+61 *** *** *** show +61 408 559 046
Matthew Wallace
Matthew Wallace
+61 *** *** *** show +61 418 136 086
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