509/1 Sandy Bay Road, Hobart TAS 7000

High net yield returns with increased performances over previous years enables the astute investor to secure a zero-maintenance property branded under one of Australia's most recognized and respected hotel chains.

The Tasmanian tourism and business sector experiencing its most prolific period in history and with hotel vacancy rates at record lows, the sustainability with projected future bookings and income provides great security for this fantastic high net yield and minimal outgoings opportunity.

In an idyllic location set on the CBD fringe and minute's walk via St David's Park through to the newly developed Parliament Square precinct and bustling historic Salamanca Place, the property is central to all requirements for guests.

An historic façade, fully furnished interiors with some original features and recent modern upgrades sets this opportunity apart from other comparable properties on the market.

With investment opportunities commanding current high yield returns becoming more scarce within the current marketplace off the back of strong capital growth spikes, this is the chance to secure a long term and secure investment which can provide strong cash flow moving forward.

A fair management contract outlining the agreement between vendor and hotel plus all financials is available upon request.