More Real Estate | Facebook App

$4m a real life monopoly- Buy your own Hotel!

$4m a real life monopoly- Buy your own Hotel!

 $4m a real life monopoly- Buy your own Hotel!

Ever fancied owning your own hotel, complete with cinema, swimming pool and indoor sports hall?

Well, look no further than the Derwent Valley Resort in New Norfolk, Tasmania!

Located just a 30-minute drive from Hobart, the opportunities for this property really are endless, perfect for someone dreaming big.

Built back in 1961 as the nurses’ quarters of the Royal Derwent Hospital, this unique building is now home to over 60 rooms, varying from single rooms to self-contained en suite units, not to mention the penthouse apartment.

Craig Bellgrove, of More Real Estate Hobart, explains the property’s ideal location, means there is great potential for prospective buyers.

“There’s a whole host of tourism activities in New Norfolk, including the beautiful River Derwent, it’s a bustling little town,” he said.

Interest has been high in the resort, however, and according to Mr Bellgrove, there could soon be a new lucky owner of this historic hotel.

“The Derwent valley resort was nearly sold just before coronavirus hit, those buyers are still there, but it’s just slowed things down a little as people wait to see how the world pans out a bit,” he said.

Craig Bellgrove
More Real Estate Hobart
0488 013 965