Two houses and restaurant income listed in St Marys, Tasmania
Staff ReporterDecember 7, 2020
A rural property with two homes plus ownership of a nationally-known country restaurant and landmark on Tasmania's East Coast, The Famous Mt Elephant Pancake Barn, has been listed for $1,250,000.
The property at 824 Elephant Pass Road, St Marys has four bedrooms and two bathrooms.
The current lease of the Mt Elephant Pancake Barn restaurant expires in 2018.
The restaurant is managed by the lessee family who have been in charge for the last seven years of the restaurant’s 30-year history.
The property is listed through Peter Lees Real Estate Launceston.
The median price for a home in St Mary's is $138,500, according to CoreLogic.