517/3 Earl Street, LAUNCESTON TAS 7250
Only $128,000 and youre away
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- 12 Oct 2016
A Passive Income better than Bank Interest
With Tasmania’s 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 Launceston’s many tourist attractions and surrounding activities.
Contact the agent Marcus Douglas for details.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
517/3 Earl Street LAUNCESTON