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Apartments 502 & 515, 3-11 Earl Street Launceston, TAS 7250

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Apartments 502 & 515, 3-11 Earl Street,
Launceston, TAS 7250

Hotel, Motel & Leisure

Price information

Sale

$189,000 (each)

Key property information

Floor area

Private inspections

to arrange a private inspection.

Map of Apartments 502 & 515, 3-11 Earl Street

Directions
  • Bus stops within 5 km of Apartments 502 & 515, 3-11 Earl Street, Launceston, TAS 7250Distance
    Best Western8 m
    42 Brisbane St41 m
    57-59 Brisbane St98 m
    Balmoral138 m
    Grand Chancellor213 m
    POWERED BY HERE ©
POWERED BY HERE ©

10 + 10 Year Fully Net Lease

An opportunity to purchase your own strata hotel suite in the booming Tasmanian tourism sector.
Fully operated and managed tenancy with your income paid monthly in advance with the security of a 10 + 10 year lease.

- Higher level deluxe rooms (level 5) providing premium elevated views
- 4 Star hotel operating as a Best Western Plus
- New 10 + 10 year lease in place with Best Western plus - 4 star hotel
- 6+% NET return – with all outgoings paid by the tenant including building insurance.
- Part of the Best Western chain - one of 4,700 hotels worldwide
- Low maintenance Brick building fully refurbished

Sure to sell quickly to astute purchasers or SMSF buyers looking to place funds in a growing sector.

For further details contact Blake Shepherd or Joel Harwood.

Property ID: 504468188Last Updated: 2 May 2024

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Apartments 502 & 515, 3-11 Earl Street
Launceston, TAS 7250
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