219/3-11 Earl StreetLaunceston TAS 7250
Property Details for 219/3-11 Earl St, Launceston
Last Listing description (November 2021)
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.
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.
Property History for 219/3-11 Earl St, Launceston, TAS 7250
- 01 Jul 2021Sold for $150,000
- 28 May 2021Listed for Sale $165,000
- 15 Oct 2015Listed for Sale $155,000
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
/assets/perm/kts2itid2mi6vlgkgfxljwvk6i?signature=4bb5b0fa153d206357fa91a325c9f0515553650e7950f1eff6ae9dcc5c7bd929){kind=logo}
0/assets/perm/bydgz5n6s4i6no3ypgy2ferqru?signature=c310c628cebd7127aa6d92fa51171890cf7bc89fbdd7acb9df304a01bc067797){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Launceston 7250
The size of Launceston is approximately 4.5 square kilometres. It has 13 parks covering nearly 16.4% of total area. The population of Launceston in 2011 was 2,897 people. By 2016 the population was 2,929 showing a population growth of 1.1% in the area during that time. The predominant age group in Launceston is 20-29 years. Households in Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation. In 2011, 47% of the homes in Launceston were owner-occupied compared with 48.2% in 2016.
Launceston has 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 53.73% increase in median value, while Units have seen a 42.25% increase. As at 31 October 2024:
- The median value for Houses in Launceston is $734,272 while the median value for Units is $497,284.
- Houses have a median rent of $480 while Units have a median rent of $430.
Suburb Insights for Launceston 7250
Market Insights
Launceston Trends for Houses
N/A
N/A
View TrendN/A
N/A
Launceston Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
