139 Sandy Bay Rd,
Sandy Bay, TAS 7005

First licensed in 1846 the Doctor Syntax has stood the test of time and presents a rare opportunity to secure one of Hobart's land mark properties situated in the heart of Sandy Bay and a wonderful asset for the portfolio.

The hotel has been in family ownership for the last 23 years and is being offered with a 5 year lease to a well known licensee.

The property is on 2 Titles comprising 2,592 m2 of land. Having benefited from a contemporary refurbishment in 2009, the property is a family friendly hotel with improvements of a first class commercial kitchen, cool room plus dry storage facility and featuring a spacious dining room to accommodate approximately 70 patrons. In addition, the property has a sports bar with TOTE facilities / Austar and a partially covered outdoor dining entertaining area all combining to create a perfect entertainment / functions venue.

Upstairs comprises a further 5 bedsit rooms, office, terrace roof & Managers apartment.

A marvellous opportunity to acquire a 'Sandy Bay' freehold on a substantial allotment with scope for income & yield growth or further development subject to Statutory Approval & leasehold arrangements.

For Sale now by Immediate Offer or at Auction February 17th 11.00am On Site
Contact Joe McDevitt 0419 122 257 or Tony Cowley 0408 140 972 for a Property Report, Lease details or to arrange an inspection.