10 + 10 Year Fully Net Lease
Apartments 502 & 515/3-11 Earl Street, Launceston TAS 7250
$189,000 (each)
HotelSize: n/a
An opportunity to purchase your own strata hotel suite in the booming Tasmanian tourism sector.
Fully operated and managed tenancy with your income paid monthly in advance with the security of a 10 + 10 year lease.
- Higher level deluxe rooms (level 5) providing premium elevated views
- 4 Star hotel operating as a Best Western Plus
- New 10 + 10 year lease in place with Best Western plus - 4 star hotel
- 6+% NET return with all outgoings paid by the tenant including building insurance.
- Part of the Best Western chain - one of 4,700 hotels worldwide
- Low maintenance Brick building fully refurbished
Sure to sell quickly to astute purchasers or SMSF buyers looking to place funds in a growing sector.
For further details contact Blake Shepherd or Joel Harwood.
Fully operated and managed tenancy with your income paid monthly in advance with the security of a 10 + 10 year lease.
- Higher level deluxe rooms (level 5) providing premium elevated views
- 4 Star hotel operating as a Best Western Plus
- New 10 + 10 year lease in place with Best Western plus - 4 star hotel
- 6+% NET return with all outgoings paid by the tenant including building insurance.
- Part of the Best Western chain - one of 4,700 hotels worldwide
- Low maintenance Brick building fully refurbished
Sure to sell quickly to astute purchasers or SMSF buyers looking to place funds in a growing sector.
For further details contact Blake Shepherd or Joel Harwood.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Blake Shepherd to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Hotel
Other Details
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What's nearby
East Launceston Primary SchPrimary School
0.8km
Queechy High SchoolHigh School
3.5km
Elphin HospitalHospital
0.5km
Shopping CentreMajor Shopping Centre
0.2km
Australia PostPost Office
0.3km
Tafe - Thynes CentreTafe
0.5km
Property history
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SummaryMedian sales
Average Age
42 years
Population
3,110
Listing ID: 182099153. This listing has been viewed 7 times. It was first displayed on 17/11/2023 and last updated on 01/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.