16D/12 Bolton Street, Wellington Central, Wellington

INVESTOR ALERT!

Excellent fixed return: 7% per annum NET

An opportunity to purchase a totally passive investment apartment, offering a long term lease with a proven tenant. There are only a few left 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.

Fully furnished property, sold subject to lease. (Property is zero-rated for GST). Purchaser will need to be GST registered. Return = $19,600 per annum net.

Location walking distance to CBD retail hub.

Living Areas Fully furnished in luxury style.

A+ seismic rating.

Call now for an appointment to view.