Broker | Hawkes Bay, Gisborne
Adelaide Motel is located within approximately 500 metres of the Wellington Hospital and derives a large portion of its high occupancy from this source.
The motel is conveniently situated 2k's from the City centre, walking distance from other hospitals, the Basin Reserve sports ground, Wellington School of Dance, and the many cafes and restaurants in the vibrant Newtown area.
The motel units have recently had substantial upgrading, and provide comfortable and affordable accommodation.
Approximate Yield: 21 %
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