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A Rare Freehold Gem In Coveted City Locale - Vacant Posse...

13 Park Street, LAUNCESTON TAS, 7250

Sold

Property Sold in 13 Park Street, LAUNCESTON TAS, 7250

Listing ID:
11362607
Status:
Sold
Price:
SOLD
Last Updated:
14/11/2019
Icon building

Property Type

Hotel/Leisure
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Land Area

584 SQM
Icon size

Floor Area

200 SQM
Icon parking

Parking

0

A Rare Freehold Gem In Coveted City Locale - Vacant Possession inc of some Plant and Equipment

This well-known Launceston icon is now available for sale for the first time in 32 years. To be sold as a vacant possession basis with the majority of plant and equipment included. Occupying a coveted position at the end of Park Street on the doorstep of the Tamar River and Royal Park; the building features main restaurant dining, separate takeaway area, fully equipt kitchen, invaluable outdoor space and quirky boat shed with potential for outdoor pizza and coffee sales.

Reconstructed from an assortment of Tasmanian timbers, the atmospheric building has been home to the successful Hallams Restaurant since 1996.

- opportunity exists for further hospitality uses, conversion or multi-storey redevelopment to take advantage of the revised 24 metre building heights (STCA).
- Circa 200m2 Character building
- 584m2 Freehold title
- Flexible 'Urban Mixed Use' zoning overlay
- Generous 34m frontage to Park Street

We recommend this rare offering to savvy buyers who wish to capitalise on Tasmania's booming food and hospitality sector or land bank for future investment upside.

For Sale by Offer

For further details contact Marcus Douglas

For more details, please email agent

Shepherd & Heap

49 Cameron Street, Launceston, TAS 7250


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