We chose to stay at Bischoff during our trip to Tasmania. This town is approx. 40 mins drive from Cradle Mountain & so, I would say an ideal location to stay while visiting the mountains and without hurting your wallet.
Room was clean & sufficient for two adults. Bathroom was neat & tidy. Note- we chose to stay in en-suite room.
There was a common kitchen where fridge, microwave and utensils were provided.
Restaurant downstairs also had great reviews & was open till late.
The waterfall across the hotel was also beautiful. Thanks!