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1101/75 Featherston Street Pipitea, Wellington City

Sold for $240,000 on 11 Oct 2016
  • 1 Bed
  • 1 Bath
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1101/75 Featherston Street, Pipitea, Wellington City

Apartment in Pipitea

Rydges Hotel - Wellington investment opportunity

  • 1 Bed
  • 1 Bath

More have come up for sale and will be sold in the blink of an eye. On the 11th floor, asking $257,000 plus GST if any, it is 8% net return at the asking price. 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 $20,561.39 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**)

Property ID:

CTA29208

Building:

32m²

Bedrooms:

1

Bathrooms:

1