Better Than The Bank! Buyer Enquiry Over $250,000
- 1 Bed
- 1 Bath
Listed By:Ray White Wellington CityLeaders In Real Estate (1987) Limited Licensed (REAA 2008)
Awesome investment property that is entirely managed by a top hotel group. Hands-off investors will be delighted at the prospect of owning this hassle-free investment with outstanding yields. A passive investment where you own the property rather than money in a bank. Tell us what yield you are looking for!
Rydges Hotel Wellington is ideally positioned in Wellington CBD within walking distance from Parliament, Wellington railway station, waterfront and Lambton Quay shopping area. The four-star hotel offers its guests fantastic business and leisure facilities, which include conference and functions venues, well regarded restaurant, fitness centre, indoor lap pool, spa and sauna.
The spacious 32m2 room with a partial sea view features a full kitchenette, stylish bathroom with a bathtub, two double beds and pleasant seating area.
The property is on long term lease until October 2033.Net return excluding GST for financial year 1 April 2015- 31 March 2016 was $17,591. With visitors numbers rising in Wellington returns may well increase. Financials, lease & LIM available on request. Be quick!
Contact Elena Murashev 021 150 9993
Colin Kelly 021 439 727
- Built in 2006
- Air Conditioning
- Close To Shops
- Close To Transport