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402/3-11 Earl Street, Launceston$180,000

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For Saleapartment

402/3-11 Earl Street

Launceston, TAS 7250, Australia

$180,000

1 bed 1 bath27 m²

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About this property

This apartment, located in Launceston's Best Western Hotel, offers you immediate return of investment. - Commercial investment opportunity - Long-term lease to centrally located Best Western (4.5-star hotel) - Consistent monthly returns - 4 free nights included per year at the hotel per unit in Launceston - Own the room on strata title For further details please contact Beck at Peter Lees Real Estate *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. ** Peter Lees Real Estate complies with all applicable requirements under the AML/CTF legislation. ***Boundary lines are indicative only.

Property Details

Property Type: apartment
Listing Type: For Sale
Bedrooms: 1
Bathrooms: 1
Land Area: 27 m²
Listed: 3 months ago

Repayment calculator

$873/month

$436 /fortnight

Loan $144,000 at 6.10% over 30 years

Upfront costs

Deposit$36,000

Stamp duty$5,235

Conveyancing (est.)$2,000

Total upfront$43,235

Verify with TAS revenue office →

Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Launceston

This 1-bedroom apartment in Launceston, TAS 7250 sits within reach of public transport, local shops and nearby schools. It is listed 76% below the $749,000 median of 58 comparable apartmentswithin 5 km.

Schools near Launceston

John Calvin Schoolcombined · Prep-10 · CoEd
Sacred Heart Catholic Schoolprimary · Prep-6 · CoEd
Scotch Oakburn College - Elphin Campusprimary
Tamar Valley Steiner Schoolprimary · Prep-6 · CoEd
The Launceston Preparatory Schoolprimary · Prep-6 · CoEd
Indie School - Devonport (Launceston Campus)secondary

What's nearby

York St/Welman St In (bus) — 201 m away
Chic Hair — 75 m away
Unnamed — 178 m away
Unnamed — 210 m away
Windmill Hill — 302 m away

Launceston at a glance

Full suburb profile

Population: 3,110
Median age: 41
Household income: $1,439/wk
Median rent: $310/wk
Median mortgage: $1,530/mo

Source: ABS Census.

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