Share this property

Knight Frank - Tasmania

Cascade Hotel, Site, 22 Cascade Road South Hobart, TAS 7004

Directions

Cascade Hotel, Site, 22 Cascade Road
South Hobart, TAS 7004

Hotel & Leisure

Price information

Sale - Expression of Interest

Contact Agent

Land area

3007.0m²

Floor area

876.0m²

Zoning

Residential

Tenure type

Tenanted Investment

0418 *** ***
Knight Frank - Tasmania
Cascade Hotel, Site, 22 Cascade Road
South Hobart, TAS 7004
John Blacklow

Knight Frank - Tasmania

5 Victoria Street
HOBART, TAS 7000

Map of Cascade Hotel, Site, 22 Cascade Road

Directions

The Iconic Cascade Hotel

  • Originally built in 1846
  • Recently renovated
  • Strong business performer
Located adjacent to St. Johns Hospital in the popular suburb of South Hobart, 2 kilometres from the Hobart CBD.

The Cascade Hotel is one of Hobart's best known establishments with a long history of successful trading. This well known high profile hotel is located adjacent to St Johns Hospital in South Hobart, 2 kilometres (approx) from the Hobart CBD.

Includes a public bar, dining room, drive-in bottle shop, large managers' apartment, 4 accommodation units and a large bitumen sealed car park for 50 vehicles.

The hotel is in good condition with $400,000 being spent in 2016.

Originally constructed C1880, the ground floor has been recently renovated and refurbished with $400,000 being spent in 2016.

Contains two titles with a total land area of 3,007 sqm (approx) and street frontages to both Cascade Road and Wentworth Street.

The hotel has a long history of successful trading and has very little competition in this highly popular suburb.

Current annual rent of $300,000 pa, plus GST, plus outgoings.

Property ID: 503383846Last Updated: 9 Dec 2019

Agency contacts

Knight Frank - Tasmania

View Profile

Knight Frank - Tasmania

5 Victoria Street
HOBART, TAS 7000
progress tick

Sending email...

Email enquiry

John Blacklow

Send to:

John Blacklow
Knight Frank - Tasmania
Cascade Hotel, Site, 22 Cascade Road South Hobart, TAS 7004

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call