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517/3 Earl Street Launceston, TAS 7250

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517/3 Earl Street,
Launceston, TAS 7250

Hotel, Motel & Leisure

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A Passive Income better than Bank Interest

With Tasmanias tourism numbers well up and still growing, it adds to the strength of this investment opportunity, bought to market at a fair market rental.

Owning this fully air-conditioned managed apartment allows you to join the reputable Best Western family and receive ongoing net rental returns after all statutory outgoings for the length of the lease.

Recently painted and partly refurbished with absolutely no maintenance. The second stage of refurbishment is due to commence shortly with new bathroom, lighting, TV, carpets and desk expected.

As a unit holder, you have the right to 4 nights accommodation per annum subject to availability and while staying, enjoy Launcestons many tourist attractions and surrounding activities.

Contact the agent Marcus Douglas for details.

Property ID: 501802438Last Updated: 5 May 2017

04298208...
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517/3 Earl Street
Launceston, TAS 7250
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