Te Aro 206/142 Vivian St

INVESTORS: TWICE THE CASHFLOW!

You do the numbers...
Rent: $630pw Price: $369,000 Gross Yield: 8.9% Catch: None
This is a dream investment property, for savvy investors looking for big cashflow, two incomes, central city location, in a modern purpose built building that is fully compliant with the latest building and earthquake requirements.

This property consists of TWO self contained apartments on one title - a 1-bedroom apartment plus a fully furnished self-contained studio apartment.

Tenants love modern central city apartments - they are close to everything, they are new and clean, and they are warm. In addition, one bedroom and studio apartments are hugely popular with young professionals who want location and privacy.

Details include:
1-bed apartment rented for $350pw (until 24 Jan 2015 - whiteware included). Studio apartment rented for $280pw (periodic - fully furnished). Total rent $630pw = $32,760pa. Superb central location, Cuba St precinct, with multiple bars, cafes, restaurants, cinemas, the CBD and waterfront just a short walk away. 2012 RV $385,000. Rates $1,747.39pa. BC levies circa $5,400pa
This apartment produces fantastic cash-flow, in an awesome high-demand location, in a fully compliant building. It is a truly set-and-forget investment.

Contact Adam for more information, or to view, today, and start your journey towards retirement!

Property Information

• Floor area approx 78sqm