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217/123 Taranaki Street, Te Aro, Wellington City

Secure New Hotel Apartment in a Prime Location!

dollar

Negotiation

Apartment
Apartment
Bedroom
1
Bathroom
1
Floor area
45m2
New build
New build
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Property details

Listing # JO28359 | Listed on 13 April 2022

Not affected by new rules, 5 Year Brightline applies and are still able to claim interest on investment.

1 Bedroom hotel apartment approx. 45sqm

Completion June 2021(not an owner occupier unit-only 10 days free per annum for owner)

Few cities in the world offer the quality of life and economic stability of Wellington. The city is well established and will be an international destination for business and tourism in the future.

Fully furnished, fitted with contemporary furnishings and premium floor coverings. These architecturally superior apartments maximise the creative use of space partnered with an elegant, modern design.

Ramada Hotel and Suites Wellington presents superbly appointed apartments offering the highest level of quality,

service and surroundings, that only a few discerning investors will have the privilege of owning.

KEY INVESTMENT INFORMATION

  • Term: 30 years based on 15 + 5 + 5 + 5 years
  • A franchisee with a proven international track record
  • Up to 6.93% guaranteed gross return paid directly into your bank account on a monthly basis
  • A 2% annual rental increase after year 3
  • 10 days free use per annum for owners
  • A commercial guarantee on rental

During Level 1 Harcourts Johnsonville will be practising safe workplace guidelines as issued by REINZ. Prior to visiting this property, we would ask that if you have been unwell with flu like symptoms, have been self-isolating, or been in contact with a confirmed case of COVID-19 within the last 14 days we would ask you to hold off viewing this property until it is safe to do so.

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Additional features

Water closet
1 Separate toilet
Rates
Levy: $2,332.72
Double story
6 storey

Schools and childcare in the area

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