Wellington City Median PriceWellington City Median Rent | A12 Bolton Street (Bolton Hotel), Wellington Central | |
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Map | Street view | Nearby | Transport | Property Description: | An excellent investment opportunity to purchase an apartment, in the highly regarded 5 Star Bolton Hotel. Offering a long term lease with a proven tenant and a fixed return of 6% per annum NET. 100% Earthquake Rating.
The Management Company pays all costs including Body Corp, insurance and maintenance. Commercial style lease, first term 10 years, CPI rent review 2 yearly. Two rights of renewal of 10 years each.
Owners have rights to stay for two weeks per year at special rates (Twin studio four weeks).
This is an outstanding opportunity to add a quality investment to your portfolio, so don't delay.
One twin studio apartment currently available (two studios on one title).
Property sold subject to lease to Management Company. (Property is zero-rated for GST). Purchaser will need to be GST registered.
Location walking distance to CBD retail hub, Parliament and Government departments.
Apartments fully furnished in quality style and in most cases fully equipped with kitchen and laundry facilities.
Email now to enquire for further details. | Property valuation from Government |
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