Potential-Packed Hotel plus Owners' Residence
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
This busy FREEHOLD hotel in the popular tourist town of Railton in Tasmania has already been extensively improved by the current owners - and there's plenty of potential to take it to the next level.
Located between Latrobe and Sheffield, Railton is loved by locals and tourists alike, and is known as the Town of Topiary, with over 100 topiary characters dotted along the main street.
Local attractions include a craft gallery stocked with local handmade goods, great fishing in the nearby streams, and Sykes Sanctuary, 40 acres of bushland with abundant birdlife and walking tracks.
The Railton Hotel is as charming as the town itself, a striking brick building in a one-pub town, offering great food, accommodation and camping.
The current owners took over this family business in 2013, and have made substantial improvements, such as adding an undercover veranda and upgrading the kitchen with new equipment, paint, vinyl, electrics and plumbing.
The Colorbond roof has been renewed, and the building has been extensively repainted, with new toilet and shower facilities for campers.
- Comfortable owners' residence, 6 income-generating bedrooms plus camping facilities
- Strong local following with potential to take to the next level, capitalising on increasing tourist numbers
- Significant income plus a home
This is an unbeatable opportunity to purchase a much improved freehold hotel as a going concern, and cash in on the influx of tourists from Interstate and overseas, as well as the many people retiring to Tasmania.