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Fountainside Hotel, 40 Brooker Avenue, Hobart, TAS, 7000
Hobart
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
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
Fountainside Hotel, 40 Brooker Avenue, Hobart, TAS, 7000
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
