63-65 Gilbert Street, Latrobe

Property ID: 1P0562

Best Offer Over $649,000 + GST if applicable
Building Size
255sqm
Type
Hotel/Leisure
Contract
For Sale
Inspections
As Advertised or by Appointment
Land Size
679 sqm
Car Spaces
4
Condition
Fully Renovated
Aspect
South
Water Rates
$413.81 quarterly
Council Rates
$1857.82 yearly
 

"LATROBE ART APARTMENTS"

This heritage listed building which now houses Latrobe Art Apartments originally contained a range of shops including Mathews Jewellers founded by John Mathews who began a family jewellery dynasty which ran from 1881 to 2012. Other shops in the complex were a tailor shop and a boot maker at various times. The current owners purchased the property 5 years ago and have completely renovated and restored the building whilst preserving its heritage values and maintaining its character and charm. No expense has been spared in the remodelling of each apartment by a well known designer. During this process the 255m2 building has been transformed into 4 beautifully appointed short stay apartments accordingly named after nearby iconic landmarks. Cradle Mountain, Mount Roland, Lake Barrington and The Great Western Tiers. Each apartment comes fully furnished (excluding all original artwork pieces which can be purchased separately) and has its own coded key lock. There are 4 allocated parking bays at the rear of the building. A communal coin operated laundry at the rear of the building, with additional toilet and a separate lock up garage at the rear of the building. The complete restoration of this property includes updated electrical, hardwired smoke alarms, plumbing, roofing, heating along with all internal and external upgrades and has complied with both council and heritage regulations with all approvals completed. Local tourist attractions of Latrobe include Anvers Chocolate Factory, The Axeman's Hall of Fame, the Giant Platypus, Reliquaire and the increasingly popular mountain bike track Wild Mersey, which will eventually link Devonport and Latrobe to Sheffield and on. Latrobe has its own Major Hospital and is 10 minutes from Devonport airport and The Spirit of Tasmania Terminal. The current owners have been running the apartments as short stay accommodation since late 2017 with 3 apartments and the 4th completed earlier this year. For those looking at this from a business perspective there is plenty of growth potential to further develop the business. There is also the option to develop the commercial spaces at the front of the building for retail but this would be reliant on some additional works to be completed subject to council regulations, alternatively as noted previously these spaces can be occupied by the adjoining apartments. For further detail or to book and inspection phone the exclusive listing agent Vanessa Goodwin.

Features

-Air Conditioning
-Heating
-Close to Transport
-Close to Shops
-Close to Schools
-Ensuite
-Furnished
-Car Parking - Surface
-Carpeted
-Creative
-Kitchenette
-Openable Windows
-Toilet Facilities
-Window Treatments