The Rendez-Vous Hotel offers a rare chance to invest in good old fashioned service in one of the best locations in town; Situated opposite Central station, having no car spot hardly concerns here.
The Hotel continues to experience strong returns after 14 years so it's no wonder these units rarely come onto the market.
This Dual key is actually 2 separate units on a 70m squared lot on the 1st floor with an adjoining door. Both apartments are fully furnished, thus the hotel can rent both the 1 bedroom and the studio out separately, (or sometimes together) maximising returns in this popular boutique hotel.
With a return of a whopping $43,300 net after all service hotel costs and commissions were paid last financial year this lot represents a strong investment to say the very least, plus there is plenty of opportunity for your accountant to work their magic. A great investment in an unusual hotel. 'Vive la difference.
Body Corporate - $11,200 Per Annum
Rates - $1,800 Per Annum approx