Oriental Bay 13/370 Oriental Parade
Sold
$802,000
Oriental Dual Key - over 7% Return P.A.
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You will not find yields like this in the area!
This north west facing two bedroom plus studio apartment has everything you require for a sound investment option, including views to die for.
The choice is yours - rent the entire apartment out for a great return, rent part of it out while you live in the other part, or simply keep it as a spacious three bedroom family apartment for luxurious, yet affordable living.
Part A: two bedrooms, two balconies, one bathroom, one kitchen, one living room.
Part B: one bedroom studio, one bathroom, one kitchenette. (currently rented out at $520 per week)
Includes a secured, internal access covered car park, and a storage unit.
Walking distance (20mins) to Courtenay Place and the CBD along Wellington's picturesque waterfront. Bus Stops right in front on both sides of the street. Close to everything!! Town Belt walking track starts right next door.
Short term rental appraisal: up to $315 per night (appraisal available).
Long term rental appraisal: $1200-$1390 per week (appraisal available).
BC Fees: $12,293.90 per year
Council Rates: $2669.49 per year
2015 RV (outdated): $545,000
Contact me for an information pack. This opportunity will be snapped up!
Property Information
- Floor area approx 110sqm
Property Features
- Uncovered Carspaces 1