402/3-11 Earl Street, Launceston, Tas 7250

bedrooms 1
bathrooms 1
|Unit
$180,000
$180,000
Published on: 15 Feb 2025
Last updated on: 15 Feb 2025
402/3-11 Earl Street, Launceston, Tas 7250
402/3-11 Earl Street, Launceston, Tas 7250
402/3-11 Earl Street, Launceston, Tas 7250
+19
402/3-11 Earl Street, Launceston, Tas 7250
  • 19
  • 1
Property ID: 147081352
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Solid and Steady Investment Opportunity

402/3-11 Earl Street, Launceston, Tas 7250
This apartment located in Launceston's Best Western Hotel offers you great investment potential. 

- 6%+ NET Return
- Long-term lease to centrally located Best Western (4.5-star hotel)
- Consistent monthly returns
- Substantial depreciation benefits - reduce tax payable (seek independent advice)
- Bank guarantee in place
- 4 free nights included per year at the hotel in Launceston (per unit)
- Own the room on strata title
- Lease back to Hotel for management 
- Lease dates are current until 2033
- Controlled letting opportunities for fair tenancy

For further details please contact Beck at Peter Lees Real Estate

*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.

Property Details

Basic Info

Property Type
Unit
Listing Status
On Market
Land Size
26.00 m2
Building Size
26.50 m2
Rooms
1 bedroom(s), 1 bathroom(s)
Address
402/3-11 Earl Street, Launceston, Tas 7250

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Beck Routley
Beck Routley
152 Brisbane Street, Launceston, Tas 7250
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Beck Routley
Beck Routley
152 Brisbane Street, Launceston, Tas 7250
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      Property ID: 147081352

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