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Apartment
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for sale
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Unique Hobart Investment Property
Dulcot
· 1 Bedroom · 1 Bath · Apartment
· Balcony · Gym
Dulcot · 1 Bedroom · 1 Bath · Apartment · Balcony · Gym
Unique investment property located in the Best Western on the edge of the Hobart CBD. This executive suite on the 2nd floor offers a spacious room set up with a King bed with a newly renovated bathroom, heat pump and balcony that captures the afternoon sun. 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 $1000 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 Best Western complex has modern interiors as well as a gym, restaurant, bar and mult
Unique investment property located in the Best Western on the edge of the Hobart CBD. This executive suite on the 2nd floor offers a spacious room set up with a King bed with a newly renovated bathroom, heat pump and balcony that captures the afternoon sun. 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 $1000 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 Best Western complex has modern interiors as well as a gym, restaurant, bar and mult
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