501/15 Holland Street, Te Aro
4849950
INVESTORS BE QUICK - 5.5% NETT ROR (at BEO)
Investment, Super Central, Excellent rental history, Low maintenance
Outstanding entry level property investment opportunity. Very smart, well maintained, 2 bedroom + studio apartments (side by side) in brilliant central location. Current rented at $880 / week from 2 x fixed term tenancies.
Hassle free, low maintenance investment boasting an excellent occupancy record. $650,000 BEO = 5.5% nett rate of return (not including lettings fees).
• Current gross annual income $45,760.00
• Annual expenses total $9,928.97 (B C fees and WCC rates)
• 2 separate tenancies
• Both tenancies fixed term leases
• (i.e. 1 x 2 bedroom apartment + 1 x studio apartment)
• Popular well managed and well maintained building
• Monvie apartments, 15 Holland St, Te Aro
• Super central location
• Potential for smart owner occupier / home and income alternatives (post current tenancy expiry dates).
Beat the bank with this hassle free investment option.
See it for yourself. Call now to arrange a private viewing.
CONTACT:
John Kettle – Apartment Specialist
MB: +64 27 443 1355 / EM: [email protected]
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