Sold
Last Asking Price - $185,000
310/3 Earl Street, Launceston TAS 7250
Apartment
11
Block size: 27 m² approx.
$$ Investment Opportunity Awaits $$
We are pleased to present this fantastic long term investment opportunity; to purchase a new unit in a well known Launceston City Hotel, and have it permanently leased on a long term basis to the Hotel!
- Long term blue chip lease to Best Western (4.5 star hotel)
- Consistent returns - all outgoings including capital paid by tenant.
- Substantial depreciation benefits - reduce tax payable (seek independent advice)
- Bank guarantee in place
- 4 free nights included per year at the hotel in Launceston or Hobart
Please drop us an email or give us a call.
*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.
- Long term blue chip lease to Best Western (4.5 star hotel)
- Consistent returns - all outgoings including capital paid by tenant.
- Substantial depreciation benefits - reduce tax payable (seek independent advice)
- Bank guarantee in place
- 4 free nights included per year at the hotel in Launceston or Hobart
Please drop us an email or give us a call.
*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.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Rianna Wood to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
1
Bathrooms:
1
Property type:
Apartment
Block Size:
27 m²*
Other Details
Volume:
310
Folio:
151040
Legal description:
151040/310
Maps and area information
Block information
Block size: 27m² (approx)
Legal description: 151040/310
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
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
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
09 Apr 2024
Sold
Peter Lees Real Estate
Listed: 17/11/2023
Block size: 26.5m²
Transfer type: Full transfer
Launceston suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
42 years
Population
3,110
Listing ID: 182097017. This listing has been viewed 115 times. It was first displayed on 17/11/2023 and last updated on 09/04/2024.
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.