Stage 2 of the development of the hotel will be refitting and expansion of the current hotel, which is listed on the National Estate, providing an extensive 5-star restaurant as well as the capacity to hold weddings and functions for 150 people.

Also as part of Stage 2 will be the development of a further 13 one and two bedroom units which will also be strata titled for sale. At the conclusion of the development there will be a total 57 bedrooms either as 2- bedroom self contained units; 2- bedroom hotel rooms; 1-bedroom self contained units or single hotel rooms making the Lufra Hotel the largest hotel outside of the metropolis of Hobart or Launceston.

In developing the hotel complex the owners are so confident that this is value for money that they are offering a 5%* guarantee for 12 months with no outgoings. In addition to that owner's can utilise the unit for 6 months of the year for as little as $50**, After the first 12 months family and friends can also use the units for the same time periods. So not only do you have an investment, it is something you can use and enjoy every year during the rental agreement. It is a gift better than a time share which you can give to family or friends to enjoy. It is not only an investment, it is an opportunity to experience not only the historic Port Arthur and the convict trail and the history of Australia but to experience Australia's natural resources at its best. For institutional investors an alternative of a 3 yr 5% guarantee is available.

* 5% guarantee will be met by 3% cash paid monthly and the other 2% paid towards advertising over the first year to maximise further years annual returns.

** Fee payment is based upon a single cleaning fee at conclusion of occupancy. Other fee for services are offered. Usage is outside of peak period 1/12-31/5.

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Last Updated 15th Sept 2007