If you are looking for a distinctive addition to your investment portfolio, then this one may be for you! Travelling too Tasmania has always been a popular destination, even more so now that we have regained the freedom to roam across the country. Best Western is a well known Launceston CBD 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 top 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 Reap the rewards from the latest tourism boom! If this opportunity sounds interesting to you, call Beverley to discuss in more detail today. *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.