If you are looking for a distinctive addition to your investment portfolio, then this one may be for you! Tasmania has always been a popular tourist destination, even more so now that we have regained the freedom to roam across the country. Best Western is a well known Launceston C.B.D hotel, and in fact it has the security of being part of a world wide hotel chain. You can purchase this unit and have it leased and managed on a long term basis. This one bedroom apartment is situated on the 3rd floor and it has great views of Launceston. * Long term lease in place with Best Western plus - 4.5 star hotel. * Averaging 3-5% NET return – with all outgoings paid by the tenant. * Bank guarantee in place. * 4 free nights included per year at the hotel in Launceston If this opportunity sounds interesting to you, call today to discuss in more details. *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. Boundary lines are indicative only.