5.6% gross - Easy Money - Invest Leased Park

Web Ref#LOWE3667

This is a great opportunity to invest in a CBD car park that's as valuable as it is versatile. This investment is so hands-off, just sit back and watch the returns flow in each month. Better than having the money in the bank. Currently leased to The Quest until 2033 for $330 per month. Reap the rewards of investing in an easy-care asset for which there's always high demand in the city.

Features include:
- Excellent location in the heart of the CBD: on The Terrace, so couldn't be more convenient for executives and office workers
- Handy to motorway for easy access in and out of the city
- Undercover for secure off-street parking and protection from the elements
- Great long-term investment that will keep paying for itself
- Priced $70,000 - Only outgoings are rates approx $183.07 per annum & body corporate levies $833.28 per annum

Car parks in locations as central and convenient as this don't often come up for sale. So don't miss out.

* Please note this listing is for a single carpark only. Copy loweandco.nz/property/LOWE3479/unit-5a-120-the-terrace-wellington-central/ into your browser for the apartment for sale.

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

Asking $70,000

Additional Features

  • Bedrooms: 1 Bedrooms

  • Bathrooms: 1 Bathroom

  • Off-Street Parking: 1

Emma Young (Phone 021 866 661)
Emma Young
Craig Lowe (Phone 021 764 647)
Craig Lowe
Managing Director