U8/19 Drummond Street
Mount Cook, Wellington City
SOLD
5
1

Cash Cow 5-bedroom Investment

Buyer Enquiry Over: $675,000

Centrally located and handy to the city, Newtown, Wellington Hospital and bus stops is this tidy five bedroom flat on the top floor of this secure block of rental apartments.

Designed and built specifically as rental property the apartment has sensible features such as timber (Lockwood-style) internal walls to avoid damage from tenants and making the property easily managed.

Features include:
* Five double bedrooms with wardrobes
* Open plan kitchen and lounge and one bathroom
* North east facing with great sun
* Great rental track record history with no vacancy
* Rented at $975 per week (fixed until 18/02/2021)
* Awesome central location, walkable to just about everything
* Secure block / Ground Floor / Easy Access
* Reasonable body corporate fees $7,212 per annum
* Private investment - not tied to the university
* Chattels come with 5 x beds, desks, chairs, couches etc.
* Rateable Value $600,000

This is perfect for astute Investors wanting an easy-care rental property in a prime city-fringe location that will achieve exceptional returns their investment purchase.

Open Homes

Property Features

Property ID: BDN24080
Bedrooms: 5
Bathrooms: 1
Building: 98m2
Listed By:Leaders Real Estate City Limited Licensed (REAA 2008)
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Features:

  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
Pano Focas, Licensee Salesperson at Ray White Wellington City