If you’re looking for a true passive investment that delivers strong, reliable returns, Apartment 002 in the Kingsview complex is the opportunity for you.
This leased two bedroom, one secured car park apartment is professionally managed by Quest, providing peace of mind with hands-off ownership, secure income, and the confidence that your investment is well maintained.
Currently estimated returning a net income of $23,569.13 + GST, with annual rental growth. The current lease term is through to 1st August 2029, with further Rights of renewal, which is a rare opportunity to secure an affordable investment with such strong returns. With interest rates tracking downward, now is the time to put your money to work in this proven investment.
Located in the heart of Tauranga’s City Centre, Kingsview offers convenience, quality, and solid accommodation demand.
Contact Dan or Duncan today to arrange a viewing.
Features:
- Great net return of 6%
- Hands off investment
- Strong tenant, Quest Hotels
- Annual rental growth
- Includes outside courtyard
- Total Gross Income: $29,635.93 + GST
- 2 bedroom apartment + carpark
- Estimated net return after all costs $23,569.13 pa + GST
More information: https://www.colliers.co.nz/p-NZL67037316
