Penny Royal Hotel & Apartments is a heritage property featuring modern facilities and conveniently located within 10 minutes walking distance to the CBD. Close by is the newly opened Penny Royal Adventure, Cataract Gorge, the beautiful Tamar River.

Originally built as a corn mill in 1840, it was moved 54 kilometres to Launceston and was rebuilt as a hotel over 130 years later - stone by stone.

Penny Royal accommodation offeres a spacious, modern and comfortable hotel suites and self-contained apartments, with free WiFi access to 250MB per day. The spacious hotel suites are located over three levels of the hotel and are only accessible via steps and stairwells.

The hotel is located 200 metres from the apartments complex which is located beside the Penny Royal Adventure. The apartments are located on the first level of the complex which are accessible by stairs. The two and three bedroom apartments are split level with the living area on the first level and the bedrooms located on the upper level accessible by the internal staircase.