Outstanding investment opportunity — the whole package

Outstanding investment opportunity — this is the whole package. Discover a unique hospitality gem in New Norfolk. Nestled in the heart of town, just 32 km from Hobart and a short 24 km drive from the renowned MONA museum, this historic property offers an extraordinary opportunity for savvy investors. Originally built in 1961 as nurses' quarters for the Royal Derwent Hospital, the site has been transformed into a charming 3.5-star hotel, ready to impress. Property highlights: - Prime location: easily accessible for both leisure and business travellers, within a vibrant regional hub. - Spacious accommodation: approximately 60 rooms in a variety of configurations, including single rooms, 1- and 2-bedroom self-contained ensuite units, backpacker rooms and a top-floor self-contained unit with premium features. - Guest-centric amenities: welcoming reception, spacious lobby, guest lounge with picturesque views, breakfast/dining room, and a billiard room. - Gymnasium, guest laundry and lift for added comfort and convenience. - Kitchens and laundry facilities on each floor for ensuite room guests. - Manager's residence: onsite accommodation ensures seamless operation. - Sustainable design: energy-efficient double-glazed windows, a 32kW solar array, and 8 solar hot water systems keep operating costs low. Move-in ready and fully equipped. This turnkey property comes fully furnished with LED lighting throughout and sits on a substantial 7,443 sqm block zoned for light commercial and high-density residential use — offering endless opportunities for development, rebranding or expansion. Comprehensive financial details are available upon request, showcasing the property's impressive investment potential. This property must be seen to appreciate its scale and possibilities fully. To arrange an inspection, contact Craig on 0488 013 965 or Leanne on 0408 128 325. Please note: as instructed by Mortgagee in Possession. All information provided has been prepared to the best of our knowledge. Buyers are encouraged to conduct independent research to verify details before proceeding with a purchase.