CALLING ALL INVESTORS - OVER 6% NET RETURNEnjoy the convenience and ease of this hands free investment, located in Wellington's heritage MLC building.
Positioned in a fantastic central location within the heart of Wellington's business district. Only a short stroll to the waterfront and easy access to Wellington's top boutique shops and restaurants.
This fully furnished large studio apartment is managed by Quest Hotel on a long term lease agreement until 2028 with rent reviewed every two years.
This opportunity is available to all investors including overseas buyers with the current rental income at NZD$18,796 per annum.
The Body Corporate fees are $5,353.44 and council rates are $2,506.35 (both per annum).
This is great opportunity offering a net return over 6% per annum and potential capital gain in the future.
Viewing is by appointment only.
Enquiry over $170,000
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