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
MORE INFORMATION
MORE FROM THIS SELLER See all ads from seller
3 New St Campbell Town TAS 7210 3

3 New St Campbell Town TAS 7210

Established 33 Years Lifestyle Business Profitable School Bus Govt Contracts Campbell Town Tasmania
$375,000 INCLUDING BUSES
More than 1 month ago
Campbell Town , TAS
New
50 Glen Dhu St South Launceston TAS 7249 7

50 Glen Dhu St South Launceston TAS 7249

O/O $35,000+SAV
Price Drop-Chattels Sale Excellent Location 5 Consulting Rooms and 2 x Floatation Pods
Contact Agent
More than 1 month ago
South Launceston , TAS
40A Invermay Rd Launceston TAS 7250 5

40A Invermay Rd Launceston TAS 7250

13 Years & Still Going Strong Easy To Operate Highly Reputed Retail Business Adj Net Profit $ 296,000
Offers over $299,000+sav
More than 1 month ago
Launceston , TAS
New
YOU MAY ALSO LIKE
Beauty Point TAS 7270 5

Beauty Point TAS 7270

Owner Occupier Or Investment Ideal Main Road Frontage Freehold Shop Blank Canvas
$175,000+GST IF APPLICABLE
2 days ago
Beauty Point , TAS
New
42 Rooke St Devonport TAS 7310 8

42 Rooke St Devonport TAS 7310

Long Established Fully Licensed Libby's Cafe In Hub Arcade T/O $7,300+ per week
OFFERS OVER $82,000+SAV
2 days ago
Devonport , TAS
New
Beaconsfield TAS 7270 13

Beaconsfield TAS 7270

Prime Prominent Passive Character Dual Investment Property @ Beaconsfield
540,000
3 days ago
Beaconsfield , TAS
New
Latrobe TAS 7307 9

Latrobe TAS 7307

Excellent Renovated Profitable Gift Shop In Latrobe Tasmania
OFFERS OVER $88,000 WIWO
6 days ago
Latrobe , TAS
New
Queenstown TAS 7467 20

Queenstown TAS 7467

Queenstown Cabin & Tourist Park, Great Income & Home $750,000 WIWO
$750,000
6 days ago
Queenstown , TAS
New
George Town TAS 7253 11

George Town TAS 7253

Wholesale Retail Butchery in One Butcher Town T/O $1 million No Competition
OFFERS OVER $149,000+SAV
1 week ago
George Town , TAS
New
232-236 West Tamar Rd Riverside TAS 7250 8

232-236 West Tamar Rd Riverside TAS 7250

Netting $60K Profit Thriving, Profitable Florist and Gift Hamper Business
O/O $49,000+SAV
More than 2 weeks ago
Riverside , TAS
New
George Town TAS 7253 15

George Town TAS 7253

Leasehold Waterfront Motel Brand New Setup 5 Rooms Fully Licensed Restaurant and Gym
$300,000 ONO
More than 2 weeks ago
George Town , TAS
New
SPONSORED LINKS
tp-csa
tp-csa
tp-csa
SHARE
THIS AD
Contact Seller
Subscribe and receive the latest Tradingpost news!
* By subscribing I agree to the Privacy Policy of Tradingpost

or select a state:

Loading...