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 by expressions of interest.

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 storey 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 t