Derwent Valley resort

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Hotel building

Comprising 60 rooms - ranging from backpacker to ensuite rooms

Approx 7500 sqm site

3.5 star motel currently operating on site

Features: Pool room, gymnasium, dining and lounge rooms, games room, laundry, guest litchens and bathrooms

It is with great pleasure that More Real Estate presents Derwent Valley Resort for sale.

Nestled in the heart of New Norfolk, just 32 km from Hobart and a short 24 km drive from the renowned MONA museum, this historic property offers an extraordinary opportunity for savvy investors. Originally built in 1961 as nurses' quarters for the Royal Derwent Hospital, the site has been transformed into a charming 3.5-star hotel, ready to impress.

Property Highlights:

- Prime Location: Easily accessible for both leisure and business travelers, located within a vibrant regional hub.

- Spacious Accommodation: Approximately 60 rooms in a variety of configurations, including single rooms, 1- and 2-bedroom self-contained ensuite units,backpacker rooms and a top-floor self-contained unit with premium features

Recreational Facilities

Additional features

Gymnasium

Two gym spaces have been set up in the premises, one in the hotel space and one in the linked building space near the basketball court. Both areas have been fitted out with new gym equipment for guests and visitor use.

Billiard Room

This is a generous space within the hotel for rest and relaxation. A full size snooker table is situated here for those wanting to flex their competitive muscle or simply have a quiet game.

Guest spaces

The guest lounge has picturesque views, a breakfast/dining room, and a billiard room.

Guest laundry, and lift for added comfort and convenience

Kitchens and laundry facilities on each floor for ensuite room guests.

Manager's Residence: Onsite accommodation ensures seamless operation.

Sustainable Design: Energy-efficient double-glazed windows, a 32kW solar array, and 8 solar hot water systems keep operating costs low LED globes are installed throughout the building.

Move-In Ready and Fully Equipped

This turnkey property comes fully furnished and is situated on a substantial 7,500 sqm block zoned for light commercial and high-density residential use, offering endless opportunities for development, rebranding, or expansion.

Financials and Inspection

Comprehensive financial details are available upon request, showcasing the property's impressive investment potential Property is fully furnished as displayed

Imagery

Room imagery

Property Summary

Property details

Address: 34 Lower Road New Norfolk

Location: Central to attractions like Russell Falls, Southwest Wilderness area, Agrarian Kitchen, MONA museum

Sale details; For sale by offer

Property ID 2521790

Certificate of Title: 141791/2

Building Area:

Land area: 7443 sqm

Local Authority: Derwent Valley Council

Use: Hotel Accommodation

Heritage: The property is not listed on the Tasmanian Heritage Register.

Refer Derwent Valley Council Town Planning for their local planning requirements.

Building Compliance: All council, fire, and statutory certificates, schedules, and permits have been issued and are up to date. Further information upon request.

Financials:

Land tax - Approx $18,000

Rates - Approx $15,000

Ful fnancal detals avaiable on request

Car Parking: Extensive off-street onsite sealed car parking available

Pease note al areas given are approximate only and are provded as a general gude only

Sales Process

Method of Sale

Method of Sale: For sale by offer

A contract for sale will be available by request.

Inspections

All inspections of the property and facilities are strictly by appointment with the Agent and will be conducted onsite at a mutually agreed time.

Terms of sale

Deposit of 10% is payable upon the exchange of contract with the successful Purchaser.

All overseas potential buyers must satisfy the conditions of the Foreign Review

Board (FIRB) Rules & Regulations and are strongly recommended to seek formal advice from their respective professional advisers, before submitting their offers

Agent Details

Craig Bellgrove

Director and Senior Sales

0488 013965

craig@moretasmania.com.au

Suite 3, 83 Main Rd Moonah

Leanne Masters

Property Representative 0408 128 325

leanne@moretasmania.com.au

Suite 3, 83 Main Rd Moonah

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Derwent Valley resort by MoreRealEstateTas - Issuu