- Te Aro Wellington
This apartment within Ramada Hotel and Suites Wellington is ideal for investors who are looking for an investment property that has a reputable commercial tenant and a secure return gross of up to 6 % with fixed growth throughout the lease term.
• A premium one bedroom furnished Hotel apartment
• Continuity of income
• Up to 6 % guaranteed return with annual rent increase after year 3 paid directly into your bank account on a monthly basis at 2% per annum guaranteed growth
• 10 days free use per annum for owners
• Due for completion in April 2021.
• A commercial guarantee on rental
• Great opportunity for investors looking for a property with a long term lease in place
• A hands-off, hassle-free investment with minimal owner input required
• A franchisee with a proven international track record
If you are looking for a great low maintenance investment property, This smart hands-free apartment is well worth considering.
Tender closes 2pm 26th May 2021 at Tommy’s Real Estate, 209 Victoria Street, Te Aro, Wellington (Vendor reserves the right to sell prior).