Yolla TAS 7325

$370,000

Fantastic Investment Opportunity and Lifestyle

Phone enquiries - please quote property ID 11667

FREEHOLD TREE CHANGE INVESTMENT OPPORTUNITY

SITUATED ON THE MURCHISON HIGHWAY IN THE TOWNSHIP OF YOLLA

This is your opportunity to purchase (at extremely good value) a lifestyle property with business in lush countryside, on the North West Coast of Tasmania. Be part of this strong farming community just 23kms from the City of Burnie, 16kms from Wynyard and 15kms from Somerset. Such a central location to all these well known and well services locations in Tasmania.

Excellent location as we are the last stop before the West Coast and gateway for tourists through the scenic Hellyer Gorge, travelling through to the Tarkine Wilderness and Cradle Mountain. Originally the historic 'Yolla Butter Factory', stands approx 500 square meters on approx quarter acre block.

THE PROPERTY CONSISTS OF:-;

Public Bar, Lounge Bar, Bottle Shop, Fine Dining with seating up to 100 with entertainment area. Managers Unit with all amenities, large fully equipped commercial Kitchen.

There is DEVELOPMENT potential for Boutique Brewery, powered sites for increasing Motor Homes, Backpackers Accommodation. Or could be developed into an outstanding home in the long term within the community is the school Kinder to Grade 10, General store, Internationally recognised Spring Water Company, Large Farming Co-op Company, Numerous farming properties.

Strong lease at 10% return.

There is also a Magna site mine opening up next year, 20kms past the tavern and people/employees have to drive past the tavern.

To find out more, contact owner today.

Property Details

• Type: Retail
• Tenancy: Vacant