An excellent investment opportunity to purchase this apartment in the highly regarded 5 Star Bolton Hotel. Offering a long-term lease with a proven tenant and a good rental return. The Management Company pays all costs including body corp, insurance and maintenance. Commercial style lease, first term 10 years, three rights of renewal of 10 years each. The owners have rights to stay for two weeks per year at special rates. This is an outstanding opportunity to add a quality investment to your portfolio, so don't delay.
The property is sold subject to lease to Management Company. (Property is zero-rated for GST). The purchaser will need to be GST registered. Location - walking distance to CBD, retail hub, parliament and government departments. The apartment is fully furnished in a quality style and comes fully equipped with kitchen and laundry facilities. Email now to enquire for an information pack.
Private appointment only.
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