Kelburn

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SOLD

Wellington
1
1
N/A
25sqm
N/Asqm
Wellington
proudly marketed by
Lynette Kitney
Team Wellington Ltd MREINZ
Excellent Investment Opportunity!
Keen to get on the investment ladder? This is the opportunity you've been waiting for! Currently providing a nett return of over 6%, this commercially rated investment property in the heart of the city offers straightforward security for your expenditure. Ideally located, the unit is on leaseback with Quest until 2021 with several four-year right of renewals until 2033. The lease contract ensures guaranteed returns plus ease of management with Quest, who administer all the particulars of renting out the apartment, cleaning and providing secure access. 10B/35 Johnston Street is 25sqm and is fully furnished, with a complete chattel list available. The link to the Dropbox with all information is below. Insurance is included in the Body Corporate fee and the building has an NBS earthquake rating of 93%. Body Corp Fee: $3846pa. As the apartment is commercially rated it is being sold exclusive of GST so would suit an investor who is GST registered with all the advantages that entails. https://www.dropbox.com/sh/tz1k88x06hveea0/AACo8tA6qp3Jr4QU3T334ho-a?dl=0
Question
Upload by David Garratt
Wellington Central/North