NAI Harcourts offers to the market a rare opportunity to purchase a quality accommodation business and prime piece of Launceston real estate.

The business 96 on Arthur Serviced Apartments is being offered for sale in conjunction with the freehold for $1.29 million.

Presented for sale on a ‘walk in, walk out’ basis the business currently offers the simplicity of streamlined operations due to offsite management by a contract manager offering a passive income for an investor or further opportunity for an owner/operator to increase profitability in a hands on capacity. The Apartments could also be converted to long term residential apartments with the ability to strata title and the opportunity to further develop (STCA) penthouse apartment/s on the skyline
Set high on the hill, this 3 story complex comprises 8 x 1 bedroom apartments and is located in the beautiful and prestigious heritage precinct overlooking Launceston and the Tamar River. Everything you will need to operate t