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321 & 408/3 Earl St

Launceston TAS 7250

1
1
Apartment
Currently for sale - view listing

Overview

AFFORDABLE HOTEL-MANAGED INVESTMENT OPPORTUNITY

Seize the opportunity to own one-or both-of these stylish 1-bedroom units within the highly sought-after Best Western Hotel, a 4.5-star building located in the heart of Launceston CBD. These units offer a unique investment model: - You own the individual unit. - The unit is managed and let exclusively through the hotel. - The hotel manages the nightly bookings and guest stays. - Owners receive a share of the overall hotel income, distributed between the participating unit owners. - Monthly income statistics are available upon request. - Owners are entitled to 4 complimentary nights' accommodation at the hotel each year. UNIT FEATURES: - 1 bedroom - 1 bathroom - Spacious bedroom with large windows and city views - Air-conditioning - Compact study nook with table and chair - Convenient lift access - Communal washing facilities - Ample street parking nearby Located within walking distance of everything Launceston CBD has to offer, these units provide an appealing opportunity to own an investment property within an established hotel accommodation model, with the day-to-day letting and management handled by the hotel. Whether you're looking to purchase one unit or secure both, this is an opportunity worth exploring. Monthly income statistics and further financial information are available on request. Please reach out for a full breakdown and additional details.

Features

1 bedroom
1 bathroom
Apartment

Happy sellers in Launceston

90%
90% of sellers in Launceston reported that their sale price either exceeded or met their price expectations.

Launceston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Launceston over the last 12 months.

Local market activity for 1 bedroom apartments in Launceston

In the last 12 months, 1 one-bedroom apartment similar to 321 & 408/3 Earl St, have been sold.

This represents a 75% increase in one-bedroom apartments sales when compared to the previous 12 months.

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