$165K per unit 45 units total $7.425K
Hotel units schedule available which details original valuation and guaranteed annual net return for first two years then they will go into Hotel management group in time for Rugby World Cup. Please note that the net rental figure given is in the hand as all outgoings have been deducted to achieve this figure.
Ideally if someone purchase all 45 units for $7.425K then would give them a net return close to 6.5% from $477K rental income.
Email: info@actionmarketing.co.nz for more information
Other Details: Number of Bedrooms: 2, Number of Bathrooms: 1
* Price: 7,425,000 NZD (~ $ 4,501,855 USD)
Keywords: Investment Rental, Apartments New Zealand, For Sale Apartments, Invest New Zealand, High Rise Apartments Sale
Date & Time Listed: 2009-11-01 07:14:42 GMT
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