2F/242 Taranaki Street Mount Cook, Wellington City

The apartment is fully managed by Massey University accomodation services where your investment property is fully taken care of, from rental collection to tenant selection, maintenance and payment of your building expenses.

You will receive a regular income regardless if your apartment is vacant or rented as it is part of the rental pool. A net amount would be paid less expenses on a monthly basis. Refer to details below for the break down.

CURRENT INCOME:
Gross income: $1,443.47 per month
Less:
Management Fee - $ 37.68
Maintenance Fee: - $ 36.00
Body Corp Fee: - $ 386.94

NET Payment: $ 982.95 per Month.

The Cube Apartments are very sort after for student accomodation, the building has a high occupancy rate, generating a good return for investors. The location is close to the vibrant Te Aro entertainment area, local shops and supermarket, easy walking distance to Massey University & the School of Dance and on the main public transport route.

This is deal for out of town investors who wants a hands free, easy care investment!

Features:

• Studio apartment with a separate living area.
• Furnished
• Secure building access
• Onsite building manager(s)
• Dedicated student accommodation
• Great location

Viewing by private appointment only:

For an information pack, please contact the Agent directly.

NOTE: Please note the apartment has been staged for photos in between tenancies, the soft furnishing , art work and table lamps, decorative furnishing are not included in the sale of the property.