70A Tully Street, St Helens, Tasmania

5 Quality Brick Fully Furnished Units, St Helens 0/0 $799,000 the Lot, ROI 11% approx

$799,000 offers over

Property Description

Versatile units, currently let as overnight accommodation, could be permanent rentals and has potential to strata title as there are fire walls between each unit.

The vendor is very motivated to sell, say no more. Representing EXTRAORDINARY VALUE, Return on INVESTMENT and CAPITAL GROWTH POTENTIAL

Showing an excellent net return of approximately 11%, let as overnight short term accommodation, in excellent condition and presentation.

Comprising 4 x 1 bedroom and 1 x 2 bedroom units, unit 5 has been completely renovated, to a high standard, all have split system air-cons.

These units are under management in a holiday complex and enjoy a high occupancy. You can let them out permanently.

The layout is open plan living/kitchen, separate bedroom with birs, bathroom/laundry, undercover carport and a fire wall between each unit.

Low maintenance construction and landscaping, set on level block, within walking distance of the town center.

Representing a fantastic opportunity to secure a high return, in a low bank interest rate period.

Fully managed by a complex manager who looks after all aspects of the day to day running, there is less work for the landlord involved in current operation of these units as compared to permanent rentals.

This is a freehold property sale, contact Paul Scott ph ---------- or Praveen Pant ph ---------- ---------- NDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS/PROPERTY AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate.

Property Summary

Bed and Breakfast Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -
Marketing Agent
Paul Scott
Paul Scott

Business Brokers Network Australia

Business Brokers Network Australia

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

445ML - REGIONAL CITY LEASEHOLD! NEW LEASE! NEW OPPORTUNITY!
Mercure Hotel Mildura - Freehold Investment. 8.16% Rate of Return
Caretaking Only in East Mackay with a large four bedroom standalone home | Resort Brokers ID : MRC007034
Business For Sale - Small Permanent in Quiet Coastal Destination - ID 9039 BL
Grand Central Hotel, Yea VIC - 1P0099
Moama Central Motel - 1P5409
PALM BEACH - OFF THE PLAN BUILDING - CARETAKING ONLY - $100K SALARY | Resort Brokers ID : OTP007033
2685MF - FIRST TIME OFFERED IN 35 YEARS
800MF - FREEHOLD GOING CONCERN MOTEL 2 HOURS FROM SYDNEY!
2657ML - YOUR SEA CHANGE LIFESTYLE HAS ARRIVED
2669MF - FIRST TIME OFFERED FOR SALE BIG FREEHOLD MOTEL!
Business For Sale - Lifestyle Management Rights - ID 7878 BL
VERY PROFITABLE REGIONAL FREEHOLD MOTEL SHOWING +17% RETURN WITH ROOM FOR GROWTH | Resort Brokers ID : FH007031
25 Years Stunning Permanent Management Rights in Carrara
Solid ROI, Great BC Salary & A Grade location! | Resort Brokers ID : MR006919
High Netting $420k plus MR in the heart of South Brisbane | Resort Brokers ID : MR007030
PERFECT PERMANENT MANAGEMENT RIGHT WITHOUT PROPERTY TO BUY
Best buy Boutique freehold going concern motel | Resort Brokers ID : FH007028