BEAT THE BANK ON BOLTON

Web Ref#LOWE2955

Positive cashflow is the holy grail for investors and this incredible apartment with 5-star amenities offers an amazing 5% net return with no ownership costs. Features include:

- Freehold apartment with the option to use the hotel's room services and on-site facilities (swimming pool, gym, restaurant, bar) subject to the conditions of the hotel lease
- Open-plan living and dining with well-appointed kitchen
- Large double-bedroom, tiled ensuite with shower and bath
- Premium location near the end of The Terrace, within a few minutes' walk of government, the waterfront, the CBD, Victoria University and the Botanic Garden
- Leased to the award-winning Bolton Hotel to 31 January 2025 with two ten-year rights of renewal
- Incredible long-term certainty of return throughout the initial lease period
- Rent subject to CPI adjustment bi-annually provides for future rent increase
- Option to buy with a fixed price $418,600 inc GST or $364,000 zero rated for GST registered buyers
- No Tender, Deadline, Auction - so be quick

We believe this is as maintenance free as you will ever find, with practically zero management input required. We challenge anyone to find a better net return in this current low interest rate, low return environment. If you want a hassle-free investment, with huge cashflow, call now to view.

During Level 1 Lowe & Co Realty will be practicing safe workplace guidelines as issued by REINZ.

Asking $418,600

Additional Features

  • Bedrooms: 1 Bedrooms

  • Bathrooms: 1 Bathroom

  • Family Room: 1

  • Rates: $4,472.16

Aaron Nation (Phone 027 555 5881)
Aaron Nation
Salesperson
Craig Lowe (Phone 021 764 647)
Craig Lowe
Managing Director
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