Tasmania’s Pub in the Paddock For Sale, With Drinking Pigs

TASMANIAN tourist attraction the Pub in the Paddock is for sale asking $800,000.

The pub, run by Anne Free and renowned for its beer drinking pigs, is in the state’s north-east.

Built as the St Columba Falls Road hotel in 1880, and licensed since 1901, the pub also includes six guest rooms which derive rental income of $75 per night. On three hectares with South George River frontage the property also includes a 100-seat restaurant. A set of pigs, famous for being welcomed in the pub for a drink, are included in the sale price.

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Consortium Led by Bill Moss Buys Cradle Mountain Lodge, Tasmania

FORMER Macquarie Group head Bill Moss, on behalf of a consortium of wealthy investors, has paid $25 million for Tasmania’s Cradle Mountain Lodge.

The asset, developed 25 years ago, has been affected by dwindling tourism numbers which have seen holiday arrivals in Tasmania collapse from 450,000 at a peak in 2007-08, to about 375,000 recently.

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Occupancy Levels Dip Across Most Australian States: ABS

NATURAL disasters in key markets, a strong $A encouraging Australians to travel overseas, and prospective visitors seeking cheaper destinations, have contributed to a slowdown in the country’s tourist accommodation sector.

According to new research issued by the Australian Bureau of Statistics, occupancy in the hotel, motel and serviced apartment sector has dropped in many states, with the lowest rate (51.8 per cent) reported in the Northern Territory.

Tasmania performed best with an occupancy rate of 72.5 per cent in the March quarter. It was followed by the ACT (70.4 per cent) and NSW (67.8 per cent).

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