Launceston's Kinross House hits the market with boutique hotel conversion potential

Launceston's Kinross House hits the market with boutique hotel conversion potential
Launceston's Kinross House hits the market with boutique hotel conversion potential

An iconic 1840s heritage building in Launceston is on the market with a price guidance of $2.85 million to $2.95 million.

Kinross House at 91-95 George Street is a mixed commercial and residential building in the city’s café enclave.

It currently has nine apartments and four retail tenancies with a net rental of approximately $169,438.

The marketing suggests the building has “a unique fusion of architectural styles acquired over the years”.

It also suggests that it would be a target for investors looking for Airbnb rentals or a boutique hotel conversion.

The building is listed through Shepherd & Heap agents Blake Shepherd and Ian Singline.

Tags: 
Launceston Hotel Development

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