203/123 Taranaki, Te Aro, Wellington

203/123 Taranaki, Te Aro, Wellington Hotel Investment in an Excellent Location!

Just Completed and already booking out!

You CAN NOT LIVE here, this apartment is leased by Ramada. Lease 30 years.

Fully claimable business expense.

Studio hotel apartment approx. 34sqm

Completed June 2021.(not owner occupied)

Rent per Year: $17,000+GST Outgoings: $5,600 Gross return: 6.6% Estimated Net return: 4.47%

The city is well established and will be an international destination for business and tourism in the future.

Fully furnished, fitted with contemporary furnishings and premium floor coverings. These architecturally superior apartments maximise the creative use of space partnered with an elegant, modern design.

Very sought after only a few left...

During all Alert Level's Harcourts Johnsonville will be practising safe workplace guidelines as issued by REINZ.

Ramada Hotel and Suites Wellington presents superbly appointed apartments offering the highest level of quality,

service and surroundings that only a few discerning investors will have the privilege of owning.

KEY INVESTMENT INFORMATION

- Term: 30 years based on 15 + 5 + 5 + 5 years

- A franchisee with a proven international track record

- Up to 6.93% guaranteed gross return paid directly into your bank account on a monthly basis $17,000 rent return

- A 2% annual rental increase after year 3

- 10 days free use per annum for owners

- A commercial guarantee on rental

Call or email us to know further information: