Apartments 502 & 515, 3-11 Earl Street,
Launceston, TAS 7250
Hotel, Motel & Leisure
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Shepherd & Heap Pty Ltd - LAUNCESTON
49 Cameron StreetLAUNCESTON, TAS 7250
Apartments 502 & 515, 3-11 Earl Street
Launceston, TAS 7250
Map of Apartments 502 & 515, 3-11 Earl Street
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.
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.
Launceston, 7250 demographic data
The median household income for Launceston is $1,439, 17% higher than Regional Tasmania's household income of $1,225. Launceston has a younger age profile compared to the rest of Regional Tasmania (median age 41 vs 45). Property ownership data shows 34% of property owners in Launceston have a mortgage.
3,110
Population
$1,439 per week
Median household income
41 years
Median age
Renters
Most residents
Families
Most households
Shepherd & Heap Pty Ltd - LAUNCESTON49 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
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