610/3 Earl Street, Launceston TAS 7250

Best Western is a name synonymous with holiday accommodation across the world, and right here in the heart of down town central Launceston is the latest 4.5 star edition to that chain.
On offer I have a single bedroom strata unit on the top floor with a 10 year lease in place, showing an approximate return of 5-6%. There is no need to pay management fees or worry about maintenance, there are no rates or water charges to pay, it is all taken care for you. On top of this is the bonus of 4 night's free accommodation in your unit per year.
Terrific for those just starting their investment portfolio or for someone with a self-managed super fund. These investment opportunities do not show up too often, they are a great option for someone who does not have a lot of time on their hands or who would prefer someone else to look after the day-to-day running of their property.