422/75 Featherston Street Pipitea, Wellington City

More than 40 units have been sold by Team May & Mark in this building. Here is the first one up for sale in the New Year 2020! On offer is a great return Studio apartment managed by Rydges Hotel Wellington. Carefree investment in Wellington, been extremely popular, up and go, simple as that! An absolute cash cow!

Hotel managed studio apartment with a net rental income of $18,701 for the financial year 2019. If you have missed out on previous opportunities, you gotta be really quick this time!! Get on this investment vehicle to catch the fast-moving real estate market.

Studio apartment leased to Hotel Management (Featherston St) Limited with a 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 more details through. Talk to your accountant, talk to your solicitor, get your cheque book ready and call us now!

Asking $229,000+GST (if any)

(**photos from similar unit**)