These Hobart apartments represent a rare opportunity to invest in high quality visitor
accommodation in a complex of 12 strata titled apartments. Located on the main
highway between Hobart and Launceston only 8 minutes from the centre of Hobart, the
property is superbly positioned to gain from passing trade.

The opportunities are to operate in its present form, as an existing successful tourist
accommodation property and business giving good profits.

In addition, it also offers an excellent prospect for redevelopment. The large block
provides developers or operators with room to add further strata title units on the block
with income from the business of the existing 12 units available to support the growth.

Alternatively purchased as a whole, some or all of the units could be sold off individually
as strata title units to either owner occupiers or investors.

There would be few properties of this nature in the capital city of Tasmania with such
excellent land available for further development particularly in such a premium
location.