Set in picturesque Thorndon overlooking Old St Paul's, this one bedroom apartment is ideal for hands-off investors. Leased to a -serviced apartment' operator for the next 5-10 years, it creates income of $23,280 a year (with annual increases of 2%).
Without the worry of occupancy rates or tenant changeover, owners can get on with their busy lives.
Features include:
Private north facing patio with cathedral views
Open plan living and dining with spacious kitchen
Double glazed for peace and quiet
Storage locker
CCC issued in December 2020 following remediation. The RV of $315,000 is not indicative of the current market value.
Rates:$1,024.70
Body Corporate: $4,820.80
Total area approx. 47m2 (including patio & storage locker)*
(* recorded on unit plan attached to Title)
Vendor Information Pack (available on request):
LIM, 2020 CCC, Body Corp & Lease documentation, Chattels list & Property Summary
Set in picturesque Thorndon overlooking Old St Paul's, this one bedroom apartment is ideal for hands-off investors. Leased to a -serviced apartment' operator for the next 5-10 years, it creates income of $23,280 a year (with annual increases of 2%).
Without the worry of occupancy rates or tenant changeover, owners can get on with their busy lives.
Features include:
CCC issued in December 2020 following remediation. The RV of $315,000 is not indicative of the current market value.
Rates:$1,024.70 Body Corporate: $4,820.80
Total area approx. 47m2 (including patio & storage locker)* (* recorded on unit plan attached to Title)
Vendor Information Pack (available on request): LIM, 2020 CCC, Body Corp & Lease documentation, Chattels list & Property Summary
Call Elena on 021 150 9993 to arrange a viewing.