Devonport businessman Damian Oliver has pressed ahead with plans to redevelop the Elimatta Hotel site on Victoria Parade.
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He has applied to the Devonport City Council for a permit to demolish the house at 13 Victoria Parade, and build two new wings of accommodation behind the hotel on Lower Madden Street.
The property at 13-15 Victoria Parade and 3-5 Lower Madden Street is listed with Knight Frank in the hotel/leisure category for sale, ‘freehold with business’ for $6.7 million plus stock.
This enables the land to be developed with a new building / landscaping to provide value and beautification to the area.
- Elimatta Hotel permit application
Together the five property titles cover 0.53 hectares with the floor area of the hotel at 1975 square metres. The sale is advertised as for vacant possession. The advertisement says the land price is $1.17 million, and notes that the hotel was upgraded recently, with the dining room refurbished in 2016 at a cost of $240,000.
Annual revenue for the hotel business is advertised at $3.3 million.
The applicant, Elimatta Pty Ltd, plans to demolish the house at 13 Victoria Parade, although it sits in the local heritage overlay of the town plan. Demolition is wanted “due to its substandard condition”.
The application says demolition is now permitted because of the rezoning of the Elimatta Hotel area and, once demolished, the house site could be turned into a commercial development.
“This enables the land to be developed with a new building / landscaping to provide value and beautification to the area.”
There are also plans to demolish a shed and the accommodation block at the back of the hotel, which is termed “old and outdated”, to make way for new units.
Hotel site rezoned to ‘particular purpose’
The motel complex would have two wings. Each wing would have eight ground floor units and two more floors with the same number of rooms, totalling 48 new accommodation units.
Entry to the motels would be off Madden Street and cars would exit onto Victoria Parade.
Mr Oliver, who has owned the site since 2009, applied some years ago to rezone the properties from the general residential zone to an urban mixed-use zone.
After some knock-backs he was successful in getting a particular purpose zone specifically for the hotel and its surrounds, which allows further commercial development.
Comments must be with the Devonport City Council by close of business on Monday 10 September 2018.