Located adjacent to St. Johns Hospital in the popular suburb of South Hobart, 2 kilometres from the Hobart CBD.
The Cascade Hotel is one of Hobart's best known establishments with a long history of successful trading. This well known high profile hotel is located adjacent to St Johns Hospital in South Hobart, 2 kilometres (approx) from the Hobart CBD.
Includes a public bar, dining room, drive-in bottle shop, large managers' apartment, 4 accommodation units and a large bitumen sealed car park for 50 vehicles.
The hotel is in good condition with $400,000 being spent in 2016.
Originally constructed C1880, the ground floor has been recently renovated and refurbished with $400,000 being spent in 2016.
Contains two titles with a total land area of 3,007 sqm (approx) and street frontages to both Cascade Road and Wentworth Street.
The hotel has a long history of successful trading and has very little competition in this highly popular suburb.
Current annual rent of $300,000 pa, plus GST, plus outgoings.
For more details, please email agent