Barclay Motor Inn

The Fund acquired the Barclay Motor Inn in July 2018 for $3,600,000. The Barclay Motor Inn (“the Barclay”) is a 25 room motel conveniently situated within walking distance to the main shopping district of Devonport Tasmania, Devonport’s business district, sporting facilities and the departure/ arrival terminal of the Spirt of Tasmania.

The Barclay occupies 5,500 sqm of land on its primary site and in addition, has a three-bedroom cottage across the road from the primary site which is used for short term tenancy. In addition to its accommodation facilities the Barclay boasts two function rooms, a half size tennis court and Devonport’s only indoor heated pool.