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Elders Real Estate - Hobart

Shamrock Hotel, 195 Liverpool Street Hobart, TAS 7000

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Shamrock Hotel, 195 Liverpool Street,
Hobart, TAS 7000

Hotel, Motel & Leisure • Shops & Retail

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Car spaces

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Elders Real Estate - Hobart
John Blacklow

Elders Real Estate - Hobart

5 Victoria Street
HOBART, TAS 7000
04181287...
Elders Real Estate - Hobart
Shamrock Hotel, 195 Liverpool Street
Hobart, TAS 7000

Map of Shamrock Hotel, 195 Liverpool Street

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Freehold hotel Investment, the iconic Hobart CBD 'Shamrock Hotel'

  • Estimated net income of $220,000 + GST*
  • Inflation hedge, the greater of 3.5%/CPI
  • Brand new 10 year lease
We, together with Raine & Horne are privileged to offer for sale the investment of one of Hobart’s best known hotels.

The hotel first opened in 1823 as the Britannia Hotel. This was changed a couple of years later to the Vine Tavern.

In 1886 it became the Shamrock Hotel. The original building is still standing, however it now has an art deco facade, which was added in the 1930’s.

Today the Shamrock Hotel is a charming traditional inner city pub. No bells and whistles, no gaming, just a comfortable unpretentious hotel with open fireplaces and lovely lead light windows.

Due to its prime CBD location and lack of hotel competition, the business is a proven performer with consistently high revenue over a long period. The current tenants are well known in the industry and from August 2022 they signed a long term lease of 10 years with 3 further options of 5 years.

The building is sound, the business is strong, and the lease is advantageous for the landlord. There is the added incentive of a redevelopment clause built into the lease, allowing for future development prior to the lease expiry. This can only be invoked by the landlord

This is a fantastic opportunity to purchase prime Hobart CBD real estate, with a secure and long lease with the opportunity to further develop.

Call the undersigned for more information today.

Hobart, 7000 demographic data

The median household income for Hobart is $1,464, 5% lower than Greater Hobart's household income of $1,542. Hobart has a younger age profile compared to the rest of Greater Hobart (median age 31 vs 39). Property ownership data shows 38% of property owners in Hobart have a mortgage.

3,390
Population
$1,464 per week
Median household income
31 years
Median age
Renters
Most residents
Families
Most households

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