S106/ 28 Torrens Terrace Mount Cook, 60 NZ
Dual-Income Apartment, Rental Yield $880 P/Wk
If any of the below is important for you, then you gotta have this on your shopping list!
* Home and income option - an income on the side to help with the mortgage. * Double income streams - not relying on one tenant for cash flow. * High yield - rent as if it's two properties, yet only one title and one body corp fee.
You'll be perfectly located on the city fringe close to the Cuba Quarter with its great restaurants and cafes. Also only a few minutes walk to Wellington Hospital, Massey University, many schools etc. This location means close to everything if you're occupying it and a wide variety of tenants if you're an investor.
Features include: * Two apartments (1 bedroom + a studio) on one title = two income streams * Current rent $820 per week * Car park currently rented for $60 per week * Stylish, modern compliant construction = easy to rent * Low maintenance = minimum repair bills * One of the best managed complexes in Wellington with tight property management * 100% Earthquake rating * Body Corp fee (apartment) $4,338.57 per year * Ground Lease (carpark) $2,704.42 per year
Tender closing on Thursday, 15 November 2018 at 2pm.
Sold $670,000
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Alen Moshi