235/217 The Terrace Te Aro, Wellington City 6011

Sold on 22 Nov 2017
  • 1 Bed
  • 1 Bath

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House in Te Aro

Inner city sanctuary or 7% nett return

  • 1 Bed
  • 1 Bath
Listed By:
Ray White Wellington CityLeaders In Real Estate (1987) Limited Licensed (REAA 2008)

BEO $160,000. Are you are searching for the perfect city crash pad? Somewhere central to everything, yet feels so quiet and secluded that you relax the moment you walk through the door?

Unit 235 at 217 The Terrace could be your perfect inner city oasis, complete with amazing views right across to St Gerard's in Mt Victoria.

Immaculately presented, the crisp white walls and charcoal carpets make the interior sing. 20sqm in size, this stunning bedsit fits everything you need for a comfortable stay. Available furnished, or unfurnished this apartment easily accommodates the queen sized bed, a pair of side tables and a built in wardrobe. The sofa-bed sits perfectly under the main window, from where you can enjoy a book, or watch the LCD TV. The well designed kitchenette, comes complete with a two burner stove, microwave, bar fridge, plus good cupboard space. The beautiful tiled bathroom is cleverly designed with a compact and recessed glassed shelves to maximise the feeling of space.

If you have a company paying for people to stay in a Hotel, or have a loved one attending university then this will represent a great opportunity for you. As a pure investment, Unit 235 has a rental appraisal of $300-$340 per week, so will return a likely gross yield of over 9.5% (7%+ Nett). If you are thinking of building your own tiny house then this could be a great alternative.

Situated at the top of The Terrace, enjoy watching the morning sun flood through the apartment, before strolling into the CBD. Walking distance to Victoria University, Parliament, Lambton Quay, shopping, and restaurants. This is an ideal inner city sanctuary.

Contact the vendor's exclusive agent, Hamish Timmins on 0275 426 474 today to make an appointment to view.

  • Built in 1960
Property ID:








Listed By:
Ray White Wellington CityLeaders In Real Estate (1987) Limited Licensed (REAA 2008)