Looking for somewhere to park your money with a 7% return, no outgoings, and no maintenance costs?
If your answer is yes then look no further than suite 208 in the Best Western Hobart. Currently leased back to Best Western for $12,415 per annum until October 2023 this is perfect for the investor just starting out or to add to your self-managed superannuation fund.
The property being offered is one of the larger ‘Family Suites’ and offers two separate rooms, bathroom, and balcony.
Being an owner entitles you to stay at the hotel for 4 nights of the year.
Best Western Hobart has all of the modern conveniences one would expect in a hotel including gym, conference / function rooms, bar, and restaurant.
Please note, photos provided by Best Western Hotel images shown may not be of the specific unit 208 but do provide a close example.