We are proud to partner with the All Blacks and Black Ferns
Learn More
Sold
Apartment

4G/163 The Terrace Wellington Central, Wellington City

Sold for $209,800 on 19 Nov 2021
  • 1 Bed
  • 1 Bath
Agents

Sold By

  • Loading...
4G/163 The Terrace, Wellington Central, Wellington City

Apartment in Wellington Central

Net Yield = 7.86% - Cash Flow is Key!

  • 1 Bed
  • 1 Bath

Are you open minded? Instead of leaving your money in the bank and getting minimal return, why not invest your money in this apartment and get better returns. Having a very good tidy tenant in place and with a Net yield of 7.86% (based on 52 weeks of the current rental income - $410 per week), this surely beats the bank's return.

Property Features:
- Cute 1 bedroom, 1 bathroom studio
- Clever layout with no wasted space.
- WCC NBS rating 72%
- Centrally located to shops, restaurants, public transport. Located mid-way along The Terrace. In perfect proximity to the Victoria University (Kelburn and Pipitea), Lambton Quay, Parliament and the motorway.
- Fully furnished (excludes small utensils)
- Fold away bed (lifts up) - great way to give you space when entertaining
- Hideaway laundry in the kitchen
- Local building restaurant/cafe (ground level)
- Council Rates: $875.79 per year
- Body Corp Levy: $4714.48 per year

Contact Phil Mac for a private viewing. M: 02105 6489, E: phil.mac@raywhite.com

Property ID:

BDN24693

Building:

28m²

Bedrooms:

1

Bathrooms:

1