Hands free investment in the heritage MLC building in Wellington’s central business district. Great central location in the heart of the city and a short stroll to the waterfront. Wellington’s top boutique shops and restaurants are all nearby.
This large fully furnished studio apartment is managed by Quest on a long term lease agreement to 2038 with regular rent reviews. The current rental income is $17,595 per annum. Body Corporate fees are $7,064.68 and rates $2,286.24 (both per annum). All figures are Inclusive of GST.
Price is by negotiation plus GST (If any). RV $160,000 (2018).
This opportunity is available to all investors including overseas buyers.
View by appointment only.