Te Aro - STRAIGHT FORWARD INVESTMENT

Price Buyer Enquiry Over $395,000
Location 9J/242 Taranaki Street, Te Aro
Type Apartment
Bedrooms 5
Bathrooms 1
Floor Area 83 m2
Land m2
Listing No # T20128
Listed 2/10/2020
Views 76

Description

Here is a hassle free, low maintenance investment with an attractive nett rate of return. Excellent occupancy record - Management contract with Massey University ensures minimum monthly income is guaranteed (i.e. occupied or not).

5 bedrooms - student accommodation - rented by the room

Efficient well managed student accommodation complex

The Cube on Taranaki Street is a high demand student residence option

Prime position with harbour view.

$395,000 (BEO) ensures your returns an attractive return. As interest rates are at historic lows - this has to be great buying for savvy investors.

Council rates - $1,620.30

Bodycrop fees - $18,699.59

(N.B. Investment only option - Not for owner occupiers )

Contact our agents

Tommy's Real Estate Ltd (Licensed: REAA 2008) - Tommys Wellington

209 Victoria Street
WELLINGTON , 6011


Nicki Cruickshank

P: 04 38 1 8600
M: 021 38 0 650

Tommy's Real Estate Ltd (Licensed: REAA 2008) - Tommys Wellington

209 Victoria Street
WELLINGTON , 6011


RealEstate Agents contact details and original listing on www.realestate.co.nz -

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