34 Fitzroy Place, Dynnyrne, TAS 7005

34 Fitzroy Place, Dynnyrne presents a rare chance to acquire a fully certified hostel / boarding house in a highly sought-after inner-city location. Positioned just minutes from the Hobart CBD, Salamanca, and the University of Tasmania, this substantial freehold asset is ideally placed to capture strong and consistent demand from both residential tenants and short stay accommodation, STCA.

Having undergone extensive renovations in 2019/2020, the property comprises 18 newly renovated rooms, each with their own bathroom and kitchenette. Purpose-built and fully compliant with current regulations, the facility has been constructed to a high standard and provides an incoming owner with the confidence of a turn-key operation.

Key features include:

• Fully certified hostel accommodation with all approvals in place

• 18 guest rooms, each with private bathroom and kitchenette

• $313,802 (approx.) gross income per annum

• Proximity to Hobart CBD, Salamanca, Sandy Bay retail precinct and UTAS

• Easy access to public transport and South of Hobart

With Tasmania's tourism sector reaching record visitation levels, opportunities of this size and certification are rarely available. 34 Fitzroy Place is already generating strong income, making it an attractive proposition for investors or groups seeking a strategically located accommodation business with excellent potential for future growth.