2 Bedroom Investment Unilodge
|Address:||Unit GA - 40 The Terrace, Wellington map|
|Category:||Apartment - City Location|
These apartments are HOT HOT HOT!
STAFFORD HOUSE - 2 bedroom, 1 bathroom with 2 off street car parks.
If you are looking for an affordable and easy residential investment property, look no further!
This well-located apartment (in Wellington) is leased to Unilodge NZ Ltd. In partnership with Victoria University who run the Stafford House hall of residence, housing approximately 300 students.
Simply speaking you purchase it and Unilodge, tenant and look after everything for you. So you don't have to worry about rates or body corporate costs or any of the bills, it's all taken care of.
Tenant: Unilodge NZ Ltd
Term: 9 years from 23/1/2013 expiry 22 January 2022 (unless further renewals agreed)
Operating Expenses: The tenant pays all outgoings, rates, BC levy and all consumables (power, telecoms etc).
Rental: $29,899 + carpark $1,619.28= $31,519.20+gst per annum.