$170,000

1 Bed  •  1 Bath  •  0 Car  •  26m²

Main view of Homely unit listing, 518/3 Earl Street, Launceston TAS 7250
Floorplan of Homely unit listing, 518/3 Earl Street, Launceston TAS 7250
Second view of Homely unit listing, 518/3 Earl Street, Launceston TAS 7250
+10

Sold

518/3 Earl Street, Launceston TAS 7250

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$170,000

  • 1
  • 1
  • 0
  • 26m²

Unit Sold on Wed 15 Feb, 2023

What's around Earl Street

Unit description

“Another Property SOLD SMART By The Team At Peter Lees Real Estate”

If you are looking for a distinctive addition to your investment portfolio, then this one may be for you! Tasmania has always been a popular destination to travel to, even more so now that we have regained the freedom to roam across the country.

Best Western is a well known Launceston CBD hotel, and in fact it has the security of being part of a world wide hotel chain. You can purchase this unit and have it leased and managed on a long term basis.


* Long term lease in place with Best Western plus - 4.5 star hotel.
* Averaging 3-5% NET return – with all outgoings paid by the tenant.
* Bank guarantee in place.
* 4 free nights included per year at the hotel in Launceston

Reap the rewards from the latest tourism boom!
If this opportunity sounds interesting to you, call today to discuss in more detail today.


*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.

Building details

Area: 26m²

Land details

Area: 26m²

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