Unit For Sale - TAS - Launceston - 7250 - Solid and Steady Investment Opportunity (Image 2)

402/3-11 Earl Street Launceston TAS 7250

For Sale $180,000

1 1

Property Type Unit
Land area approx 26.5sqm
Floor area approx 26sqm
Region Tasmania
Locality Launceston

Tags: Lease

Solid and Steady Investment Opportunity

This apartment located in Launceston's Best Western Hotel offers you great investment potential.

- 6%+ NET Return
- Long-term lease to centrally located Best Western (4.5-star hotel)
- Consistent monthly returns
- Substantial depreciation benefits - reduce tax payable (seek independent advice)
- Bank guarantee in place
- 4 free nights included per year at the hotel in Launceston (per unit)
- Own the room on strata title
- Lease back to Hotel for management
- Lease dates are current until 2033
- Controlled letting opportunities for fair tenancy

For further details please contact Beck at Peter Lees Real Estate

*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.

Boundary lines are indicative only.