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Hotel Appartments worth the risk? - 7% ?????? Reply: 3.1.1.1.1 From: Manny B Thank you to everyone that did reply to my query, I have been put off the idea of the hotel/motel purchase, but would rather pursue what I currently have knowledge in, which is IPs... Thanx once again, Manny.

Reply: 2.1.1 From: Manny B Hi GeeCee, I will be speaking to the agent today to get more info, but apparently it is leased to the Oakford group & they have a 20yr lease (that is renewable)... I don't have all the details as yet, but all I know is that it is a Historic building (looks like it...

From: Manny B Howdy there, I have found an apartment for sale that is under a 20yr lease to a hotel chain. The return is around 7% in the Melbourne CBD, being an older historical looking building. My question is the following: As all outgoings are covered by the hotel chain, are there any...