213 The Terrace Wellington Central, 60 NZ
Gross Yield $2,300 P/Wk, Improvement Angles!
Looking for a decent investment yield and something you can upgrade/improve? You need to check this opportunity out, 7 studio apartment's and 2 carparks, located in a company share complex of 16 (acquire one more and you have controlling interest). * Company share so no body corporate * Room to improve condition of units and then the corresponding rental * EQ strengthening to 67% NBS is scoped and planned (details available to registered buyers) * Outstanding location * Current gross rental $119,600 p/a * Approx 50sqm each (more or less) Property improvement and corresponding rental improvement a very real angle here, along with acquiring 1 more in the building to obtain controlling interest in the company.
Sold $1,610,000
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
-
Alen Moshi