$195,000

2 Bed • 1 Bath • 0 Car • 63.6m²

Main view of Homely apartment listing, 108/156 Bathurst Street, Hobart TAS 7000

Floorplan of Homely apartment listing, 108/156 Bathurst Street, Hobart TAS 7000

Second view of Homely apartment listing, 108/156 Bathurst Street, Hobart TAS 7000

Sold

Third view of Homely apartment listing, 108/156 Bathurst Street, Hobart TAS 7000

Sold

108/156 Bathurst Street, Hobart TAS 7000

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$195,000

2Bed
1Bath
0 Car
63.6m²

Apartment Sold on Sun 12 Mar, 2017

What's around Bathurst Street

Apartment description

“Solid investment suite”

This double suite featuring two bedrooms features higher occupancy rates of approximately 93% with solid returns. Currently leased to Best Western until October 2023 + A 10 year option. Last financial year the return was $12,415 (net of GST & outgoings) per annum. This is ideal for any investment portfolio or SMSF and easily managed with excellent reporting from a major player in the hotel industry.

A fantastic high return of approximately 6.3% net return is surely appealing to any investor. Best Western pay the outgoings, and no maintenance costs. Furthermore, owning a unit offers a range of benefits through the Best Western Hotel chain including family discounts and free 4 nights per year.