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Apartment
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for sale
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UNIQUE HASSLE FREE INVESTMENT
Acton Park, Clarence
· 2 Bedrooms · 1 Bath · Apartment
Acton Park, Clarence · 2 Bedrooms · 1 Bath · Apartment
Unique investment property located in the Best Western on the edge of the Hobart CBD. This executive suite on the 5th floor offers 2 spacious rooms one set up with a King bed with a newly renovated bathroom and the other setup as a lounge room. Both rooms have city facing decks looking out over the city skyline towards the Derwent River. There is currently an active management agreement in place with the Best Western Hotel group, ensuring that bookings, cleaning and maintenance are all attended to. The current lease expires in 2035 with an option for a further 10 years providing security to the unit owner. The average net return to the owner currently stands at approximately $1,000 per month. Owners are responsible for land tax, council rates, and a strata levy contribution, currently estimated at approximately $1,943 in total per unit per year. It really is a set and forget investment perfect for the investor just starting out, or to add to your self-managed superannuation fund. The B
Unique investment property located in the Best Western on the edge of the Hobart CBD. This executive suite on the 5th floor offers 2 spacious rooms one set up with a King bed with a newly renovated bathroom and the other setup as a lounge room. Both rooms have city facing decks looking out over the city skyline towards the Derwent River. There is currently an active management agreement in place with the Best Western Hotel group, ensuring that bookings, cleaning and maintenance are all attended to. The current lease expires in 2035 with an option for a further 10 years providing security to the unit owner. The average net return to the owner currently stands at approximately $1,000 per month. Owners are responsible for land tax, council rates, and a strata levy contribution, currently estimated at approximately $1,943 in total per unit per year. It really is a set and forget investment perfect for the investor just starting out, or to add to your self-managed superannuation fund. The B
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