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89 Margaret Street Launceston, TAS 7250

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89 Margaret Street,
Launceston, TAS 7250

Hotel, Motel & Leisure

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Map of 89 Margaret Street

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Mews Motel - "Home Away From Home"

Established over 30 years, Mews Motel has a solid client base of intrastate, interstate and international guests who seek "clean, comfortable, central, affordable, no-fuss accommodation in Launceston".

The freehold and business delivers sound income stream, from its very central location and is easily operated without high staff levels.

• Six, en-suite, accommodation rooms
• Managers quarters
• Secure, on-site, parking
• No catering required
• Long established, respected business
• Central to CBD; Gorge; Tamar River

An opportunity to acquire an established guest accommodation facility at the height of the tourist season.

Launceston, 7250 demographic data

The median household income for Launceston is $1,439, 17% higher than Regional Tasmania's household income of $1,225. Launceston has a younger age profile compared to the rest of Regional Tasmania (median age 41 vs 45). Property ownership data shows 34% of property owners in Launceston have a mortgage.

3,110
Population
$1,439 per week
Median household income
41 years
Median age
Renters
Most residents
Families
Most households
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89 Margaret Street
Launceston, TAS 7250

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