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1609/75 Featherston Street Pipitea, Wellington City

Sold for $480,000 on 4 Dec 2018
  • 1 Bed
  • 1 Bath
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1609/75 Featherston Street, Pipitea, Wellington City

Apartment in Pipitea

Rydges Hotel - Wellington investment opportunity

  • 1 Bed
  • 1 Bath

More than 40 units have been sold by May & Mark in this building. This time on offer is a special corner position sub-penthouse one bedroom apartment, facing north with spacious double balconies. The size is bigger so is the income!

Hotel managed one bedroom apartment with great net return of $56,178.68 for period 1st April 2017 to 31st March 2018. Price by Negotiation plus GST (if any). If you have missed out previous opportunities, you got to be really quick this time!! Get on this investment vehicle to catch the fast moving real estate market.

Carefree investment in Wellington has been extremely popular, up and go, simple as that! An absolute cash cow!

One bedroom apartment leased to Hotel Management (Featherston St) Limited with great return. The hotel is managed by Rydges Hotel Wellington an internationally recognized provider of superior accommodation and high standard service.

As you would expect guests of the Rydges Hotel Wellington enjoy access to the restaurant, bar, lap pool, spa, sauna, fitness centre and conference facilities.

More information is available, just email me and I will send everything through. Talk to your accountant, talk to your solicitor, get your cheque book ready and call me to make an offer.

(**photos from similar unit**)

Features:
  • Gymnasium
  • Pool
Property ID:

CTA32901

Building:

54m²

Bedrooms:

1

Bathrooms:

1