Introducing Vela Apartments, the new and exciting development on Campbell Terrace, Petone.
Designed by award-winning architects Novak+Middleton, location and quality are always the key and this ticks all those boxes!
This could be cashflow positive and perfectly placed for capital gains.
Also suited for owner-occupiers looking for a self-contained visitor unit or a HOME + INCOME.
Features include:
* 1 bedroom + studio unit
* Rental appraisal $780 to $840 per week
* Two income producing properties on one title (twin-key)
* Each unit can be let separately
* Pay body corp and rates for one property, not two
* Stylish modern compliant construction = easy to rent
* Excellent location
* Brand new building
* NBS rating of 120%
* Practical completion estimated end 2021
* Estimated Body Corp Fees of $5,500 to $6,000 per year
* Estimated Rates $2,660 - $3,000 per year
The developer, one of Wellington's most successful whose other projects include Masina & Revolucion, will be keeping the majority of the units.
Lock in the price now for only 10% deposit.
Buyer information pack available upon request.
