110 Balfour Street,
Launceston, TAS 7250
Hotel, Motel & Leisure
Price information
Sold
$1,000
Key property information
Floor area
Property extent
Tenure type
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Map of 110 Balfour Street
Centennial Hotel - MUST BE SOLD!
This high profile hotel first opened its doors in 1888 and is one of Launceston’s most renowned establishments. The business made a name for itself as a family hotel featuring high quality meals in a friendly and relaxed atmosphere.
Includes a public bar, dining room in 2 sections, entrance foyer and reception, commercial kitchen, walk-in bottleshop, manager’s residence, 10 ensuite rooms, basement and car park.
Walking through the doors is like taking a step back in time. The cosy dining space has a ‘Lodge’ feel with old prints framed on the walls, timber settings and pendant lights creating a soft atmosphere.
The premises closed in April 2011 when the Mortgagees took possession.
Previous trading history from 2008 to 2010 indicated annual revenue of between $1.2 million and $1.4 million.
The freehold with all equipment included is for sale for the sum of $950,000 plus GST.
Includes a public bar, dining room in 2 sections, entrance foyer and reception, commercial kitchen, walk-in bottleshop, manager’s residence, 10 ensuite rooms, basement and car park.
Walking through the doors is like taking a step back in time. The cosy dining space has a ‘Lodge’ feel with old prints framed on the walls, timber settings and pendant lights creating a soft atmosphere.
The premises closed in April 2011 when the Mortgagees took possession.
Previous trading history from 2008 to 2010 indicated annual revenue of between $1.2 million and $1.4 million.
The freehold with all equipment included is for sale for the sum of $950,000 plus GST.
Property ID: 5802528Last Updated: 4 May 2017
03 6220 69...
110 Balfour Street
Launceston, TAS 7250
Elders Real Estate - Hobart5 Victoria Street
HOBART, TAS 7000
HOBART, TAS 7000
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