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217/123 Taranaki Street, Te Aro, Wellington City

INVESTMENT OPPORTUNITY

dollar

Buyer Enquiry Over $335,000

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

Listing # L7701820 | Listed on 13 April 2022

This apartment within Ramada Hotel and Suites Wellington is ideal for investors who are looking for an investment property that has a reputable commercial tenant and a secure return gross of up to 6 % with fixed growth throughout the lease term.

KEY INFORMATION

  • A premium one bedroom furnished Hotel apartment
  • Continuity of income
  • Up to 6 % guaranteed return with annual rent increase after year 3 paid directly into your bank account on a monthly basis at 2% per annum guaranteed growth
  • 10 days free use per annum for owners
  • Due for completion in April 2021.
  • A commercial guarantee on rental
  • Great opportunity for investors looking for a property with a long term lease in place
  • A hands-off, hassle-free investment with minimal owner input required
  • A franchisee with a proven international track record

If you are looking for a great low maintenance investment property, This smart hands-free apartment is well worth considering.

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Additional features

Water closet
1 Separate toilet

Schools and childcare in the area

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