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.