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Apartment

1512/75 Featherston Street Pipitea, Wellington City 6011

Sold on 15 Dec 2016
  • 1 Bed
  • 1 Bath
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Apartment in Pipitea

Last opportunity before Christmas!

  • 1 Bed
  • 1 Bath

Rydges Hotel - Wellington investment opportunity

25 have sold since May this year, great return investments, been extremely popular, up and go, simple as that! This fantastic return unit with the net income of $23,683.69 for last financial year is new to the market. Asking price $296,000+GST, it is 8% return at the asking price, 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 $23,683.69 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**)

Features:
  • Gym
  • Pool
Property ID:

CTA29406

Building:

30m²

Bedrooms:

1

Bathrooms:

1

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