901/169 The Terrace
Wellington Central, Wellington City
SOLD
2
1

Top Floor -BEO $240,000

Sometimes the best things come in small packages !Enquiry from $240,000

This bite-sized fully furnished 2 bedroom apartment positioned proudly on the 9th floor offering harbour glimpses.

It has all the kit required for comfort, with all the convenience of an address on The Terrace. Walk to everything, right at your door step. Currently rented for $480 pw, how can you go wrong? Relax and enjoy the income.Equally popular among parents seeking accom for 2021 study year.

* Lease expires 13th Feb 2021(tenants interested in staying)
* 2 bedrooms
* Open plan kitchen / living / dining
* Good natural light
* City & water views
* Safe & secure with stylish lobby area
* Massively popular rental zone
* Excellent cash flow
* RV $255,000

CASHFLOW ANALYSIS:
* Gross Rent: $24,960 pa
* Less BC Levies: ($9,152) pa
* Less WCC Rates: ($1,099) pa
* Net Rent: $14,709

This represents huge value with enquiry welcome from $240,000

Deadline sale closing 15th December 2020

NB: Although building is named Vic Central there isn't a fixed agreement with university. You're welcome to occupy or rent privately.

Open Homes

Property Features

Property ID: BDN24142
Bedrooms: 2
Bathrooms: 1
Building: 33m2
Listed By:Leaders Real Estate City Limited Licensed (REAA 2008)
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Features:

  • Close To Schools
  • Close To Shops
  • Close To Transport
Chris Barnes, Licensee Salesperson at Ray White Wellington City