Calling the astute investor!
If you are looking for a secure investment opportunity with high occupancy rates and rental yield in the Hobart CBD, we have the perfect property for you! Best Western currently lease back the property and manage all the bookings, outgoings and maintenance making this the easiest investment you will buy.
The Best Western presents modern interiors as well as a gym, restaurant, bar and multiple function rooms. The owner is entitled to 4 nights stay every year along with fantastic discounts across the Best Western chain.
Just a 5-minute walk to the heart of the city and only a 15-minute stroll to Salamanca, the positioning couldn’t be better for people on vacation or a quick business trip.
• Located in the Best Western Hotel
• Owner entitled to 4 nights a year stay
• Ideal long term investment
• All bookings managed by Best Western
• Open plan bedsit with storage
• Stunning newly renovated bathroom
• Balcony with stunning outlook
• Prime location in Hobart
• Very high occupancy rate
• Return of approx. $13,000 per annum
Year Built: 1976
* The vendor reserves the right to accept offers prior to the advertised open home times.See More