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402/3-11 Earl Street, Launceston, TAS 7250, 1 Bedrooms, 1 Bathrooms, Unit

$180,000

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

1
1
26m2
26m2
UnitListed on Tue Jan 28

Launceston 1 Bedroom Solid and Steady Investment Opportunity

This apartment located in Launceston's Best Western Hotel offers you great investment potential.

- 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.

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
East Launceston Primary School
1.06 km
Primary
K-6
Government
icsea: 1044

Property history

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Launceston surrounding data

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Ref:1P7664Last update:2025-02-21 04:31:06