126/156 Bathurst Street, Hobart TAS 7000

Phone enquiry code for this property: 5388

NOTE: Firstly, my sincere apologies for delays in replying between mid Feb and mid March 2018. Thank you for your patience!
In the last few months, my elderly parents and sister all required hospitalisation in Sydney and India. Continuous travel resulted in limited opportunities to reply emails.

This is an urgent self-managed superannuation fund sale.

Ideal investment property, with high net returns, growing each year in the booming Hobart tourist city.
Also for sale is exactly same unit type in Launceston, Tasmania and we're happy to negotiate with buyers interested in purchasing both properties.

According to Tourism Tasmania, Tasmanian visitors are increasing 7% per year.

This tremendous investment is a room in the international Best Western Hotel chain.
Best Western has secure long term lease until 2023 including paying all outgoings and 95% occupancy rate.

Property features include:
* Nothing to do, no costs, no outgoings!
* 8.2% net return in FY 2017 ($13,520) with 8.9% growth in net rent from FY 2016 to FY 2017
* Centrally located in international 4.5 star Best Western Hotel
* Owners benefits include 4 free nights per year, "Best Western Rewards Program" and "Best Western Family and Friends" rates.

All documents for Best Western lease and last three annual returns are available on request.

Perfect to enjoy the low risk, long term returns.
This investment property with secure, growing, high returns will not last long!

Phone enquiry code for this property: 5388