Tasmanian hotels on the market

The Doherty family assets have been put up for sale by the receivers and include some of Tasmania’s most iconic hotels.

Hadleys P/L, which has been operated by the Doherty family, was placed in receivership last year owing BankWest $60.45 million. The Mercure Hadleys Hobart Hotel and Grand Mercure Hobart Central Apartments have been placed on the market by chartered accountants Korda Mentha. The sale includes a $30 million development of 125 brand new serviced apartments, conference facilities, restaurant and cafe in Inner Collins St as well as the 71-room boutique hotel.

The sale is through Jones Lang LaSalle who have called for expressions of interest by April 15.

The Doherty family operated the Tidal Waters at St Helens and the Campbell Town and Ross hotels and once owned the Grand Chancellor hotel in Launceston.

Hadleys Hotel was built by convicts in 1848. Its first owner was former convict John Webb, who was transported to the colony for house-breaking.

After Webb died in 1881, the new licensees, John and Mary Hadley, changed the name to Hadley’s Orient Hotel and the Hadley family operated it for 55 years. The Doherty family bought Hadleys in 1999.

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