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Sold Property
$185,000
Colin Miller Harcourts Hobart
Looking for somewhere to park your money with a 7% return, no outgoings and no maintenance costs? If your answer is yes then look no further than suite 105 in the Best Western Hobart.
Currently leased back to Best Western for $12,415 per annum until October 2023 net of any GST, and regardless of this specific unit's individual occupancy rate. Best Western pay for all rates, maintenance and renovations. It really is a set and forget investment perfect for the investor just starting out or to add to your self-managed superannuation fund.
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, as unit 208 sold in less than a week on market a few months ago, and I anticipate this one will follow suit.
Please note, photos provided by Best Western Hotel images shown may not be of the specific unit 105 but do provide a close example.
▪ Rent $12,415pa regardless of individual occupancy rate
▪ 7% yield in the heart of Hobart
▪ outgoings and maintenance costs absorbed by Best Western
▪ 27.6m2 approximate unit size
▪ Built 1976
Property ID: #THS8998
Office
Sold Property
Looking for somewhere to park your money with a 7% return, no outgoings and no maintenance costs? If your answer is yes then look no further than suite 105 in the Best Western Hobart.
Currently leased back to Best Western for $12,415 per annum until October 2023 net of any GST, and regardless of this specific unit's individual occupancy rate. Best Western pay for all rates, maintenance and renovations. It really is a set and forget investment perfect for the investor just starting out or to add to your self-managed superannuation fund.
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, as unit 208 sold in less than a week on market a few months ago, and I anticipate this one will follow suit.
Please note, photos provided by Best Western Hotel images shown may not be of the specific unit 105 but do provide a close example.
▪ Rent $12,415pa regardless of individual occupancy rate
▪ 7% yield in the heart of Hobart
▪ outgoings and maintenance costs absorbed by Best Western
▪ 27.6m2 approximate unit size
▪ Built 1976
Property ID: #THS8998
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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