128/156 Bathurst Street, Hobart TAS 7000

Looking for somewhere to park your money with a clean 6% NET return (approximately), no outgoings and no maintenance costs? If your answer is yes then look no further than suite 128 in the Best Western Hobart.

Currently leased back to Best Western for around $12,500 per annum until October 2033 (with an option to extend to 2043) net of any GST, and regardless of this specific unit's individual occupancy rate. Best Western pay for all outgoings including rates and maintenance. It really is a set and forget investment perfect for the investor just starting out, or to add to your self-managed superannuation fund. Buy in and reserve your place in Australia's hottest growth capital city that is well and truly on the international radar.

Being an owner entitles you to stay at the hotel for 4 nights of the year and discounts across the Best Western chain.

Best Western Hobart has all of the modern conveniences one would expect in a hotel including gym, conference / function rooms, bar and restaurant.

Be quick to avoid disappointment, these units are tightly held, sell quickly, and I anticipate this one will follow suit.

Please note, photos provided by Best Western Hotel and images shown may not be of the specific unit 128 but do provide a close example.

▪ Rent historically $12,500 (average) regardless of individual room occupancy rate
▪ 6% NET yield in the heart of Hobart with long stable lease
▪ outgoings and maintenance costs absorbed by Best Western Hotel (tenant)
▪ Built 1976

* Please note as this unit is tenanted (by the Best Western) there is no opportunity to occupy it as a residence