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1 Bedrooms
1 Bathrooms

Asking Price NZ$265,000

Future Proof Your Investment


An opportunity to purchase a totally passive apartment investment, offering a long term lease with a proven tenant. This is the last one available on these terms.

Tenant pays all costs including repairs, maintenance, replacements and ownership costs. Commercial style lease, first term 12 years from 1st February 2013, CPI rent review 2 yearly. Two rights of renewal of 10 years each.

This is an outstanding opportunity to add a quality investment to your portfolio, so don't delay.

For sale: one bedroom apartment @ $265,000 + GST if any (returning $18,200 p.a. net).

Property sold subject to lease. (Property is zero-rated for GST)
Purchaser will need to be GST registered.

Location walking distance to CBD retail hub
Living Areas Fully furnished in luxury style
A+ seismic rating.

Call now for an appointment to view.

Jo Penman

Jo Penman


Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Central


In the heart of the CBD

Investment


Offering great return

Superior


Superior facitities