Location: Hobart, Tasmania, Australia
No. of Keys: Boutique – 11 all-suites (6 in the Garden Wing)
The Property: This is a superb five-star boutique hotel, fitted out with fine art and antiques and enjoys a fab reputation from it’s client base that spans FIT guests from Australia, Asia, Europe & the Americas. An 1847 Regency Mansion with a sympathetic, award-winning conservatory extension. Top culinary delights produced by in-house chef.
Public rooms and grounds to allow guests a truly restful stay.
Lovingly created by the current owners over the past 15 years that they have established the business.
The entry foyer comprises marble floor tiling, original Georgian architraves and skirtings, a ceiling chandelier, extensive artworks including a Picasso etching and an Andy Warhol “Mao” and so much more!
Grounds: An acre of landscaped gardens
Main Photo: Fine art and antiques are the hallmark of this hotel and can be acquired as an extra to the main cost
Brand/Management: Flag and Management free
Yield/Financial: Previous/Current year trading figures available on signing of NDA/LOI
Guide Price: AUS$5.5m, based on a KF valuation report 3 years back, since when land-prices have risen and the Aus$ has declined, so great value for money.
Date Posted: July 2019
THPT Comment: Exquisitely furnished and laid-out hotel….you need to see the array of interior and exterior photos we have on file. Perfect for an experienced hotelier looking for a better life-style.
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This is a new feature on the THPT site…. Hotel owners can be naturally reticent in publicising their hotel is for sale…for confidentiality reasons, for staff and current client reasons, so the hotels featured in this section will either be “generic” or “name specific”
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.