Wellington Central 213 The Terrace

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 corporateRoom to improve condition of units and then the corresponding rentalEQ strengthening to 67% NBS is scoped and planned (details available to registered buyers)Outstanding locationCurrent gross rental $119,600 p/aApprox 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.

Property Features

• Car Spaces 2