Here's a unique opportunity to secure a private hotel or permanent tenanted residence that is beautifully positioned only minutes' walk from the Derwent River that borders the historic town of New Norfolk rich in history, quality produce and pretty rural scenery. In this beautiful part of Tasmania you can enjoy a wide range of activities available to guests - explore the historic buildings, kayaking, bushwalking, Maydena bike track, salmon ponds or Mt Field national park that are all readily available just to name a few. As well as the great location, this property offers a 13 guest rooms all with ensuites a managers flat, a guest lounge, commercial kitchen, guest kitchen along with a large covered deck situated just off the rumpus area. This flexibility means that the possibility of hosting groups ranging from schools, club groups or short-stay accommodation for couples or families alike. Within walking distance to Tynwald Park a great place for families featuring bbq's, play equipment, bike track for children, sporting grounds and is only approx. 35 minutes to Hobart's CBD. You have the opportunity to invest and receive in excess of a gross 20% return. This wonderful property is surrounded by lush green beautifully landscaped gardens with delightful areas to relax and enjoy. For further information on this property please call Andrew today!