Are you looking to diversify your portfolio? If so then this ones for you. We are pleased to present this fantastic investment opportunity to purchase a unit in a well known Launceston CBD Hotel, and have it managed and leased on a long term basis by a world wide hotel chain. ** Long term blue chip lease to Best Western plus - 4.5 star hotel. ** Averaging between 5-7% NET return - all outgoings including capital paid by the tenant. ** Bank guarantee in place. ** 4 free nights included per year at the hotel in Launceston or Hobart. If this sounds interesting to you and you're in the market for a new investment, give me a call to discuss today and don't forget, at the end of the day you own the room on a strata title too! *Please be advised that it is now mandatory, as per the Direction Under Section 16 (Contract Tracing – No. 5) of the Public Health Act 1997, for all parties attending a Smart Open Inspection to check-in via the free, easy to use Check in TAS app on your mobile phone. If you do not have access to the Check in TAS app, we are able to register your details on our device. Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.