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Cascade Hotel, 22 Cascade Road, SOUTH HOBART, TAS 7004

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Cascade Hotel, 22 Cascade Road, SOUTH HOBART, TAS 7004
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Cascade Hotel, 22 Cascade Road, SOUTH HOBART, TAS 7004

Cascade Hotel, 22 Cascade Road, SOUTH HOBART, TAS 7004

Properties / Sold / Tasmania / South Hobart
Development Potential

1. Property Summary

Property Type
Commercial
Sub Type
Hotel Sites, Other
Land Area
3,007 m² (*approx)
Zoning
Residential
Local Government
Hobart City
Selling Method
EOI: For Sale by Expressions of Interest
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2. Property Highlights

The Iconic Cascade Hotel
  • Large underutilised site
  • Future development potential (STCA)
  • Strong business performer

Knight Frank is proud to present for sale the prime investment opportunity of the Cascade Hotel, South Hobart.

This well known high profile hotel is located adjacent to St Johns Hospital in South Hobart, 2 kilometres* from the Hobart CBD.

The hotel has a long history of successful trading and has very little competition in this highly popular suburb, and provide a significant future development or land bank opportunity.

Includes a public bar, dining area, drive-in bottleshop, beer garden, four apartments, large managers residence and plenty of on-site parking.

The ground floor has been recently renovated and refurbished. The site contains two titles with a total land area of 3,007 sqm* and street frontages to both Cascade Road and Wentworth Street.

For Sale by Expressions of Interest closing 16 March 2023 at 4:00pm AEDT

*Approx

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Commercial
Sub-type
Hotel Sites, Other
Land Area
3,007 m² (*approx)
Zoning
Residential
Local Government
Hobart City
Selling method
EOI: For Sale by Expressions of Interest

2. Property Highlights

The Iconic Cascade Hotel
  • Large underutilised site
  • Future development potential (STCA)
  • Strong business performer

Knight Frank is proud to present for sale the prime investment opportunity of the Cascade Hotel, South Hobart.

This well known high profile hotel is located adjacent to St Johns Hospital in South Hobart, 2 kilometres* from the Hobart CBD.

The hotel has a long history of successful trading and has very little competition in this highly popular suburb, and provide a significant future development or land bank opportunity.

Includes a public bar, dining area, drive-in bottleshop, beer garden, four apartments, large managers residence and plenty of on-site parking.

The ground floor has been recently renovated and refurbished. The site contains two titles with a total land area of 3,007 sqm* and street frontages to both Cascade Road and Wentworth Street.

For Sale by Expressions of Interest closing 16 March 2023 at 4:00pm AEDT

*Approx

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Scott Newton
Scott Newton
+61 *** *** *** show +61 409 186 261

Download Development Site Report
Scott Newton
Scott Newton
+61 *** *** *** show +61 409 186 261

3. Property Location

Cascade Hotel, 22 Cascade Road, SOUTH HOBART, TAS 7004

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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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Cascade Hotel, 22 Cascade Road, SOUTH HOBART, TAS 7004 South Hobart
Elders Tasmania
Elders Tasmania
5 Victoria Street, Hobart, TAS, 7000
View Agency Profile
Scott Newton
Scott Newton
+61 *** *** *** show +61 409 186 261