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910/75 Featherston Street Pipitea 6011, Wellington City

Sold on 18 March 2017
  • 1 Bed
  • 1 Bath
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Apartment in Pipitea

Rydges Hotel - Wellington investment opportunity

  • 1 Bed
  • 1 Bath

New listing - This time is a king studio room type. Great return investment to make you live like a king! Act quickly, it will be sold!!

Hotel managed great return studio with net return of $20,719.76 for period 1st April 2015 to 31st March 2016. At the asking price of $258,000+GST (if any), it is 8% net return. If you have missed out previous opportunities, you gotta be really quick this time!!

More than 20 units have sold since May last year. These carefree investments in Wellington have been extremely popular. An absolute cash cow! Call me now before it's too late! Get on this investment vehicle to catch the fast moving real estate market.

King studio apartment leased to Hotel Management (Featherson St) Limited with great return. 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**)

Building:

34m²

Bedrooms:

1

Bathrooms:

1

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