Expressions of Interest – Offers invited circa $1,200,000 (plus GST if any)
Built circa 1880, 64 York Street is a fantastic architectural example of Tasmania’s colonial era. The front building is listed on the Tasmanian Heritage Register and consists of 6 rooms each with its own en-suite. These 6 rooms are currently being operated by the vendor as the B and B accommodation ‘hi George’.
In the middle of the property is a separate dwelling that the current owners occupy, this residence also has a kitchen approved for commercial use and dining room for guests’ breakfast. This residence has a commanding view over Launceston from both the bedroom and enclosed sunroom / deck. Downstairs is ample storage and laundry facilities.
To the rear of the property is sealed parking for up to 8 vehicles, this is accessed via a right of way over the adjoining property (62 York Street). An opportunity exists for future development (STCA) with the property lending itself perfectly to medical rooms, professional offices, short term stay accommodation or residential use.
-Appealing heritage façade fronting York Street and close to the CBD
-Well presented property maintained to a high standard
-Car parking at the rear (x8)
-Balance of land at rear for potential future development
-Front building currently operating as, but not limited to, short term accommodation
-Six rooms each with their own en-suite in the front building
-Separate dwelling at the rear currently owner occupied
-Reverse cycle air conditioning
-Buildings: 290m2 approx.
-Land: 547m2 approx.
-Zoning ‘Urban Mixed Use’ (15.0)
-Profit & Loss statements available for B&B business after signing of confidentiality agreement.
Outgoings: (previous financial year)
Land Tax: $1,297.50
Council Rates: $3,032.00
To learn more about this property, contact Andy at Tucker & Howell.