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Sold Property
$225,000
Colin Miller Harcourts Hobart
Looking for somewhere to park your money with a clean 6% NET return (approximately), no outgoings and no maintenance costs? If your answer is yes then look no further than suite 315 in the Best Western Hobart.
Currently leased back to Best Western for around $13,000 per annum until October 2023 net of any GST, and regardless of this specific unit's individual occupancy rate. Best Western pay for all outgoings including rates and maintenance. It really is a set and forget investment perfect for the investor just starting out, or to add to your self-managed superannuation fund. Buy in and reserve your place in Australia's hottest growth capital city that is well and truly on the international radar.
Being an owner entitles you to stay at the hotel for 4 nights of the year and discounts across the Best Western chain.
Best Western Hobart has all of the modern conveniences one would expect in a hotel including gym, conference / function rooms, bar and restaurant.
Be quick to avoid disappointment, these units are tightly held, sell quickly, and I anticipate this one will follow suit.
Please note, photos provided by Best Western Hotel and images shown may not be of the specific unit 315 but do provide a close example.
▪ Rent approximately $13,000 regardless of individual occupancy rate
▪ 6% NET yield in the heart of Hobart with long stable lease
▪ outgoings and maintenance costs absorbed by Best Western Hotel (tenant)
▪ Stay for free in your suite, 4 nights of the year
▪ Built 1976
Property ID: #THS23398
Office
Sold Property
Looking for somewhere to park your money with a clean 6% NET return (approximately), no outgoings and no maintenance costs? If your answer is yes then look no further than suite 315 in the Best Western Hobart.
Currently leased back to Best Western for around $13,000 per annum until October 2023 net of any GST, and regardless of this specific unit's individual occupancy rate. Best Western pay for all outgoings including rates and maintenance. It really is a set and forget investment perfect for the investor just starting out, or to add to your self-managed superannuation fund. Buy in and reserve your place in Australia's hottest growth capital city that is well and truly on the international radar.
Being an owner entitles you to stay at the hotel for 4 nights of the year and discounts across the Best Western chain.
Best Western Hobart has all of the modern conveniences one would expect in a hotel including gym, conference / function rooms, bar and restaurant.
Be quick to avoid disappointment, these units are tightly held, sell quickly, and I anticipate this one will follow suit.
Please note, photos provided by Best Western Hotel and images shown may not be of the specific unit 315 but do provide a close example.
▪ Rent approximately $13,000 regardless of individual occupancy rate
▪ 6% NET yield in the heart of Hobart with long stable lease
▪ outgoings and maintenance costs absorbed by Best Western Hotel (tenant)
▪ Stay for free in your suite, 4 nights of the year
▪ Built 1976
Property ID: #THS23398
Colin Miller Harcourts Hobart
Office Harcourts Hobart
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
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