Residential
More from realestate.co.nz:
Agents News

2P/154 The Terrace, Wellington Central, Wellington City

BEO $385,000 Awesome Investment!

dollar

Buyer Enquiry Over $385,000

Apartment
Apartment
Bedroom
1
Bathroom
1
Floor area
35m2
On this page:

Property details

Listing # BDN24527 | Listed on 13 April 2022

Looking for a hands off investment with good returns? This is definitely worth a look.

One bedroom city pad with car park.

Well-designed layout with separate bedroom and good storage.

West facing with a balcony for great afternoon sun. Easy access by car from the motorway.

Short walk from Lambton Quay, the waterfront, city shops and cafes.

Rented, at a guaranteed rent, and agreed increase every 2 years, with a buyer enquiry over $385,000 this makes good sense.

Key features include

  • Open plan living/dining/kitchen
  • Modern bathroom
  • Well run body corporate
  • Secure entrance lobby
  • Access to gymnasium and swimming pool facilities within the building

Body Corp fees: $4,975.48 unit and car park

Rates: $4,671.10 unit and car park

Previous Annual Income: $25,217.40

Current income is $2,513.22 plus GST per month

The current rental review is every two years with the next review 1 October 2021

The rent will increase 2% according to the vendors records

Buyer Enquiry Over $385,000

Great opportunity for investors.

Access is limited so contact Katie on 027 248 2061 to secure a viewing time.

Your notes
Add notes for your personal reference. This can only be seen by you.

Additional features

Other park
1 other park
Rates
Rates: $4,671.1 per annum
Rates
Levy: $4,975.48 per annum
External Features: Balcony
Lot Features: Close to shops; Close to public transport

Schools and childcare in the area

$
$
% p.a.
years
$0 per week
Contact the agent
Name  (required)
Email  (required)
Phone  (required)
I'd like to enquire about:
Your message

By continuing, you agree to our terms of use and privacy policy.

A young family with pets illustration