Located in the heart of Launceston, this is the perfect set and forget investment opportunity, not only offering a great return but also in a great booming industry at the moment! Offering 26sqm, fully furnished hotel room with own bathroom.

The apartment is serviced daily by the well recognised global hotel chain ‘Best Western’ and offers approximately 7%+ return on a monthly basis. You also enjoy 4 nights free stay on an annual basis.

Not only is this apartment just blocks away from the central mall of the Launceston shopping centre, it’s also just a 10 minute walk from the Launceston Aquatic Centre and a 15 minute walk to the Launceston Seaport, which offers a range of restaurants, bars and cafes. The iconic Launceston Gorge is also just a 5 minute drive or a comfortable, flat 20 minute walk. Other Launceston attractions, such as James Boag’s Brewery and Aurora Stadium (home of the Tassie Hawks) are also within walking distance.

With its distinct style and personalised guest services – all features of the Best Western Plus brand – the hotel offers 116 comfortable guest rooms, a restaurant specialising in Tasmania’s best local produce, a bar and two conference rooms accommodating up to 150 people.