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Apartment

232/217 The Terrace Wellington Central, Wellington City 6011

Sold on 8 Mar 2018
  • 1 Bed
  • 1 Bath
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Apartment in Wellington Central

City Crash Pad, or High Yield Investment

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

BEO $140,000

20m studio apartment, centrally located on The Terrace. This will surely appeal to those looking for a crash pad in the city, or a high yield investment. Unit 232 was recently rented for $280 per week. The likely gross return is over 9.5%, if you can find a better yield, please let me know.

If you have kids renting for university, or you are paying for people to stay in a Hotel then this will represent a great opportunity. These 20m studio apartments are in the heart of the city. Just a short walk to Victoria University, Lambton Quay, or Parliament.

RV: $110,000
BC Fees: $2,912.04 P/A
Rates: $877.02
NBS: 36% (not considered earthquake prone)

Call the vendors exclusive agent, Hamish Timmins on 0275 426 474 today to arrange a viewing, or come to one of the open homes.

Property ID:

BDN20823

Building:

20m²

Bedrooms:

1

Bathrooms:

1

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