$179,000
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315/3 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, I would love to have a chat to you about this exciting opportunity and send you an information pack on the money you would be earning from this investment. Don't forget, at the end of the day, you own the room on a strata title too!

*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.

Features include: Air Conditioning,Heating,Area Views,Close to Transport,Close to Shops,Close to Schools

Inspections

No open inspections scheduled.

Send an enquiry

Contact Jeremy Karlovsky 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 *

Other Details

Volume:
315
Folio:
151040
Legal description:
151040/315
Peter Lees Real Estate

Maps and area information

Block information
Block size: 27 (approx)
Legal description: 151040/315
Block Map
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.
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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.
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Enrolment areas for ACT public schools.

Nearby sales

Looking to compare sales prices?

We found 3 apartments with 1 bedrooms that just sold near 315/3 Earl Street Launceston

What's nearby

East Launceston Primary SchPrimary School
0.8km
Queechy High SchoolHigh School
3.6km
Elphin HospitalHospital
0.5km
Shopping CentreMajor Shopping Centre
0.2km
Australia PostPost Office
0.3km
Tafe - Thynes CentreTafe
0.5km

Property history

We couldn't find any history for this property.
See Launceston's suburb profile

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: 182352885. This listing has been viewed 38 times. It was first displayed on 06/03/2024 and last updated on 18/03/2024.
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.