LQ Parnell comprises of 54 premium furnished Hotel units with excellent benefits for investors. The hotel investment opportunity at LQ Parnell is ideal for investors who are looking for an investment property that has a reputable commercial tenant and a secure return of up to 5.6% (gross) with fixed growth throughout the lease term.
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Hotel Room
$313,933
Body Corp Estimate for first year: $3,566
Annual gross rental PA: $17,819
Hotel Studio
From $361,003
Body Corp Estimate for first year: $4,179
Annual gross rental estimate PA*: $20,569
1-Bedroom
From $427,589
Body Corp Estimate for first year: $4,906
Annual gross rental estimate PA*: $24,319
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