This is a unit in 430146357 Hobart TAS. Estimated value at this time is $260,000. Built in 1976, featuring 1 bedroom, 1 bathroom.
Set, Forget and Be Happy! Be quick to avoid disappointment - unit 323 already SOLD!Looking for somewhere to park your money with a clean 6% NET return (approximately), no outgoings and no maintenance costs? If your answer is yes then look no further than units 323 and 430 in the Best Western Hobart. Buy one or buy them both!These units are currently leased back to Best Western for around $13,000 per annum each until October 2033 net of any GST, and regardless of these specific unit's individual occupancy rates.Best Western pay for all outgoings including rates and maintenance. It really is a set and forget investment perfect for the investor just starting out, or to add to your self-managed superannuation fund. Buy in and reserve your place in Australia's hottest growth capital city that is well and truly on the international radar.Being an owner entitles you to stay at the hotel for 4 nights of the year and discounts across the Best Western chain.Unit 323 is one of the larger in the range at approximately 54.6m2, north west facing, and has two balconies. Unit 430 is approximately 30.3m2 has one balcony and has a south easterly aspect looking over Hobart CBD.Best Western Hobart has all of the modern conveniences one would expect in a hotel including gym, conference / function rooms, bar and restaurant.Be quick to avoid disappointment, these units are tightly held.Please note, photos provided by Best Western Hotel and images shown may not be of the specific units 323 and 430 but do provide a close example.? Rent approximately $13,000 per unit regardless of individual occupancy rate? 6% (approx.) yield in the heart of Hobart with long stable lease? outgoings and maintenance costs absorbed by Best Western Hotel (tenant)? Built 1976