107 Meander Valley RoadWestbury TAS 7303
Property Details for 107 Meander Valley Rd, Westbury
Last Listing description (November 2025)
This long established, well known institution, is a brilliant profitable licensed hotel. Country pubs are a great lifestyle, the children walk to school.
Enjoying all forms of gaming (15 poker machines included), bar sales, bottle shop and large dinning room.
This business has a turnover in excess of $2m pa and shows a very healthy net profit, to two working owners.
The hotel has a long lease, extensive range of plant & equipment and a team of trained and motivated employees.
The operators living expenses are meet by the business as they live on site.
Westbury is a growing country town, with 2300 residents and more in the highly productive surrounding rural areas, it has an industrial precent, primary school, supermarket, chemist, doctors, servo etc. bus service to high schools in either direction, 30 klms from Launceston.
If you are in the market to buy a business then buy the best financially rewarding hotel in Tasmania.
Enquire today for a confidential discussion, information will be supplied to qualified buyers only. Do not hesitate to contact Praveen Pant on 0432 256 682 or contact Paul Scott on 0477 771 098 email: pauls@tasbps.com.au
INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
NOTE: All figures are approximate.
Property Code: 2035
Property History for 107 Meander Valley Rd, Westbury, TAS 7303
- 01 May 2025Listed for Sale $495,000+SAV
- 21 Mar 2025Sold for $1,310,000
- 08 Jul 2021Sold for $1,265,000
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About Westbury 7303
The size of Westbury is approximately 93.4 square kilometres. It has 7 parks covering nearly 0.3% of total area. The population of Westbury in 2016 was 2006 people. By 2021 the population was 2272 showing a population growth of 13.3% in the area during that time. The predominant age group in Westbury is 60-69 years. Households in Westbury are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Westbury work in a trades occupation.In 2021, 76.20% of the homes in Westbury were owner-occupied compared with 74.50% in 2016.
Westbury has 1,327 properties. Over the last 5 years, Houses in Westbury have seen a 59.92% increase in median value, while Units have seen a 29.07% increase. As at 31 October 2025:
- The median value for Houses in Westbury is $597,935 while the median value for Units is $333,150.
- Houses have a median rent of $445 while Units have a median rent of $215.
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