Gladstone's finest - Earn a huge 60% return on this leasehold

Description

Gladstone's finest - Earn a huge 60% return on this leasehold The leasehold interest of arguably Gladstone's finest accommodation property. A purchaser can buy this, pay it off within two years and earn profit for the remaining. Immaculate property - No money to spend. In the best location available in the city being a only a few minutes walk to the CBD, and a short walk to the Marina and Heron Island Ferry Terminal. 32 x four star units that have recently been refurbished throughout to brand new condition. Great variety of room configurations - Executive queen, executive twin, family rooms, spa rooms and two bedroom self contained apartment. Lots of upside as the demand in Gladstone grows back. Fantastic large two bedroom manager’s residence. 16.5 years remaining on the lease.