2 Mary Street
Cygnet TAS 7112
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Historic Hotel with Substantial Landholding, Full Repositioning Potential
Offered to the market on behalf of the mortgagee in possession, the Commercial Hotel has anchored Cygnet's main street since 1884 and stands as one of the town's most recognisable landmarks. The two-storey heritage brick building carries strong character and commands a substantial landholding in the heart of the town centre, with the D'Entrecasteaux Channel just moments away.The hotel is not currently trading and requires refurbishment, presenting a genuine repositioning opportunity for an incoming operator or developer. With community sentiment behind seeing the hotel restored, the asset offers a rare combination of heritage character, scale and latent value in one of Tasmania's most sought-after lifestyle regions.
Key Features
• One of the largest hospitality landholdings in the Huon Valley, 5,096 sqm* freehold on a single title
• Prominent main street corner position with 41.2 m frontage to Mary Street and rear access from Charlton Street
• 140 years of previous trading history with strong community recognition
• Surplus rear land of approximately 2,400 sqm* zoned General Residential with subdivision or development potential^
• 738 sqm* of improvements across two levels, including bar, café, commercial kitchen, bottle shop and six accommodation rooms
• On-site sealed parking for approximately 30 vehicles
• Mortgagee in possession sale, vacant possession on settlement
For sale via Expressions of Interest closing Thursday 2 July 2026 at 4:00pm AEST.
To arrange an inspection or request further information contact the agents James Black 0498 314 340 or George Burbury 0408 333 523.
* approximately
^ STCA
Features
General Features
- Land Area: 5,096sqm
- Commercial Type: Hotel/Leisure
- Building Area: 738sqm
- Zoning: Local Business
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