Extremely well located within a prime, fully serviced, inner-city hotel this suite represents around a 6 percent net return.
As all suites are leased by the one tenant, this property represents a hassle-free investment without the normal landlord and tenant conflicts.
As Hobart tourism is booming and predicted to substantially increase into the future and this property is located within 2 blocks of the center of the city, growth is assured.
Additionally, this property has just undergone a quality $11,500 bathroom upgrade at the vendor's expense.
This investment comes with the added bonus of four nights of accommodation per year at the premises without charge to the owner.
Sales Agent | Lennard McLure Real Estate
302/156 Bathurst Street, Hobart TAS 7000, Australia