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

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

Hotel/Leisure

  • For Sale
  • Contact Agent
  • Expression of Interest

The Iconic Cascade Hotel

  • Originally built in 1846
  • Recently renovated
  • Strong business performer

  • Land Area
  • 3007.00 m² (approx)
  • Floor Area
  • 876 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Dec 03, 2019
  • Zoning
  • Residential

Interested in this property? Contact an Agent today

Knight Frank - Tasmania

5 Victoria Street

Hobart Tas 7000

John Blacklow, Knight Frank - Tasmania
John Blacklow

The Iconic Cascade Hotel

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.

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

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