Apartment in Pipitea

719/75 Featherston Street

Sold on 25 October 2016
  • 1 Bed
  • 1 Bath

Sold By

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Apartment in Pipitea

Rydges Hotel - Wellington investment opportunity

  • 1 Bed
  • 1 Bath

Last one sold in the blink of an eye, 21 units have sold in the past 3 months, this great return unit with the net return of $15,176.54 for last financial year is currently available, but won't last long either.

Asking price $200,000+GST, absolutely a cash cow! Call me now before it's too late!

Get on this investment vehicle to catch the fast moving real estate market.

Studio apartment leased to Hotel Management (Featherson St) Limited with great return.

The net return was $15,176.54 for the unit (April 2015 to March 2016)

The hotel is managed by Rydges Hotel Wellington an internationally recognized provider of superior accommodation and high standard service.

As you would expect guests of the Rydges Hotel Wellington enjoy access to the restaurant, bar, lap pool, spa, sauna, fitness centre and conference facilities.

More information is available, just email me and I will send everything through.
Talk to your accountant, talk to your solicitor, get your cheque book ready and call me to make an offer.

(**photos from similar unit**)

  • Gym
  • Pool