Excellent investment opportunity located in this picturesque country township 20 minutes from Launceston and on a major stopover for tourists on the Tamar Valley Wine Route.

All motel units are currently vacant and unfurnished,each has ensuite bathrooms and a carspace at the front door.

With plenty of scope for upgrading and refurbishment this property would make an excellent addition to any Superannuation Portfolio.

Lilydale is a very well established community with a rich history and offers a huge range of conveniences for a town of its size.

From its arts and crafts, wineries with restaurants and cellar door sales, to its outdoor and nature activities, highly regarded school and recently refurbished Lilydale Larder located next door.