Priced for quick sale - Owners leaving NZ

Gross Return > 6% pa + 15 days accommodation pa.

This freehold apartment is managed by a Quest Serviced Apartment franchisee and is currently returning its owners gross rent of over $11,000 per annum net of GST.

Additionally, owners can enjoy 15 days of free accommodation each year.

The Lease contains a provision that the gross rent increases each year by 2% (excluding the 5-yearly Market Rent Review years).

This a very nicely appointed ground floor studio apartment providing excellent, close to town holiday accommodation plus an increasing financial return that is better than most in the current market.

Please call Cliff now on 021 321 502 to view.

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Main Property Features

Listing Number: TPO29525

Approx Floor Area:
26 sqm
Property Type:
Tourism / Motel / Hotel
Unit Title
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Licensed REAA 2008

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Harcourts Taupo

Talk Property Ltd

Licensed REAA 2008

49 Heuheu Street
Office website or View office details

Property Location