A change in circumstances makes this unit available for purchase.

Investment opportunity to purchase a fully furnished one bedroom freehold apartment with a long-term commercial lease to Quest Beaumont, a reputable hotel group with a proven track record in Australasia.
The building is nearing construction and the rents are going to start coming in!
As an investor this is as hands off as you could hope for.
Annual rent of $16,000 + GST whatever the occupation rate!
6.7% gross return.
2% rent increases after 3rd year.
Market rent review every 5 years.
Rent is paid monthly.
The lease is for a total of 30 years (15 years + 3 x 5 years).
The Hotel will operate as a 4 Star Qualmark class.

You need to be GST registered. You will be responsible for your share of the body corporate levies and local rates.

Call today to ask for your detailed information pack.