We are pleased to present this fantastic long term investment opportunity; to purchase a new unit in a well known Launceston City Hotel, and have it permanently leased on a long term basis to the Hotel! - Long term blue chip lease (20 years) to Best Western (4.5 star hotel) - 6-7% net return - all outgoings including capital paid by tenant. - Substantial depreciation benefits - reduce tax payable (seek independent advice) - Bank guarantee in place - 4 free nights included per year at the hotel in Launceston or Hobart This room is approx. 10% bigger than all the other rooms in the hotel; it is equipped to sleep 2 adults and 2 children, furthermore: it's a corner room! Please drop us an email or give us a call, I would love to have a chat to you about this exciting opportunity and send you an information pack on the money you would be earning from this investment. Don't forget, at the end of the day, you own the room on a strata title too!