Penny Royal Hotel and Apartments is a stylish boutique heritage property with modern facilities located just 5 minutes walk to Launceston CBD famous Cataract Gorge and the Old Launceston Seaport Restaurants.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's hotel suites have recently been fully refurbished and are well appointed extremely comfortable and modern - while still retaining a unique heritage atmosphere.For those who prefer to be more self-sufficient the Penny Royal offers a variety of self-catered apartments to choose from. Penny Royal's apartment accommodation will also undergo refurbishments in the future.