10D/40 The Terrace
Wellington Central, Wellington City
Asking Price: $160,000
2
1

Ideal Investment or Affordable City Home

Discover this fantastic opportunity - a fully-furnished 2-bedroom apartment ideal for savvy investors, parents seeking student housing, or those simple desiring affordable city center living. Thanks to a recent update in resource consent, property owners now have the option to reside in their own apartments. Additionally, the building's earthquake rating has been reported as upgraded from 33% to 75% NBS, as per the April 2024 AGM minutes (pg 8, Appendix 1).

Highlights:

• Superb CBD location, with everything at your doorstep
• Both bedrooms feature external windows, ensuring great natural light
• Apartment area: 40m2 (as per property smarts)
• Currently, both bedrooms are tenanted with rent based on occupied rooms
Hassle-free investment with 24/7 UniLodge on-site management, until January 2025. Afterward, you can extend, rent out privately, or simply reside yourself.
• Gym
• Bicycle storage
• Outdoor space for sunbathing and BBQs
• Spacious lounge with large-screen TV
• Body Corporate Levy: $10,225.64 annually (refer to PCDS document)
• Council Rates: $913.65 per year

Ideal for CASH BUYERS or those WITH SUBSTANTIAL EQUITY

VIEWINGS BY APPOINTMENT ONLY.
Don't miss out on this fantastic opportunity - reach out now to arrange your private viewing!

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Property Features

Property ID: JHV30760
Bedrooms: 2
Bathrooms: 1
Building: 40m2
Listed By:Leaders Real Estate Johnsonville Limited Licensed (REAA 2008)
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Features:

  • Gymnasium

Chattels:

  • Cooktop Oven
  • Extractor Fan
  • Light Fittings
  • Floor Covers
  • Blinds
  • Rangehood
  • Dishwasher
Roland Linthorst, Licensee Salesperson at Ray White Johnsonville