Web Ref#LOWE3479

Overseas owner is seriously selling this hassle free investment opportunity. With strong gross revenue of $22,000 per annum and a 2% rental income increase every year, this fixed term lease is long term with the secure tenant being Quest Hotel.

- No surprise expenses along the way. Just buy and hold and beat the banks term deposits
- Within walking distance of everything that tenants love about inner-city living
- Option to buy car park if you wish to capitalise on the easy access to motorway
- Body Corporate levies $5,508.61 per annum (including insurance) and rates $3,866.94 per annum
- Buyer Enquiry Over $219,000

This affordable downtown apartment offers so much for the money, from two double- bedrooms and a sunny aspect to the convenience and ease of having it managed. If you're looking for a hands-off investment in a well-run and reputable complex, you won't buy better at this price. Call me now to view.

Copy loweandco.nz/property/LOWE3490/unit-ub8-120-the-terrace-wellington-central/ into your browser for the carpark

During the Alert Levels Lowe & Co Realty will be practising safe workplace guidelines as issued by REINZ.

BEO $219,000

Additional Features

  • Bedrooms: 2 Bedrooms

  • Bathrooms: 1 Bathroom

  • Family Room: 1

  • Rates: $3,866.94

Emma Young (Phone 021 866 661)
Emma Young
Craig Lowe (Phone 021 764 647)
Craig Lowe
Managing Director
14, 24 and 61, 40 The Terrace
Wellington Central
Ref# LOWE3572
Here is an opportunity not to be missed. If you are looking for a solid investment or possibly accommodation t...
BEO $290,000