48 Main St St Marys TAS 7215
Offers Over $1 Million

Offers Over $1 Million
SUMMARY
Iconic St Marys Hotel: Freehold Passive Investment, Experienced Tenant, Long Lease, 8.5% Net Return from year 2
PROPERTY DETAILS
Price
Offers Over $1 Million
Listing Type
Businesses For Sale
Property Type
Unspecified
DESCRIPTION
This magnificent property, built circa 1910 with a commanding full-length veranda and balcony, is now available as a freehold passive investment.

It features a grand staircase, stained glass leadlight windows, and high ceilings from a bygone era.

With an experienced operator on a long lease, the pub guarantees a great return for the investor.

As the only hotel in St Marys and for many kilometers in any direction, it is located on the main Esk Highway leading to the East Coast and major towns like St Helens, Scamander, and Bicheno.

This popular country pub generates income from accommodation, food and beverage sales, and over-the-counter and bottle sales.

It enjoys high turnover and great reviews, particularly for its food.

The property includes a 758 m² solid brick building on nearly an acre of land, bordering the famous St Marys Rivulet.

It offers 15 accommodation rooms with clean and comfortable shared bathroom facilities, commercial kitchen, 2 dining rooms, public bar, manager's apartment, beer garden, and parking area.

This is where locals gather, the community meets, and tourists and travelers stop for refreshment and a meal. With an experienced operator, this pub will thrive with strong support and business by forming lasting relationships with the community.

For more information or to arrange a private viewing of this remarkable property, contact Praveen Pant at Reveal Phone or Paul Scott at Reveal Phone, or email Visit Website.

INTENDING PURCHASERS SHOULD MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT RELY ON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR ANYONE ON THEIR BEHALF.

NOTE: All figures are approximate.

Property Code: 1917
INFORMATION
New or Established
Established
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