69/43 Mulgrave Street Thorndon, Wellington City

Situated in the heart of Thorndon, this one bedroom apartment affords residents all the convenience and lifestyle of city living in a quiet location.

The St Paul's Apartment complex is within easy walking distance to Government department buildings, Railway Station, Lambton Quay, Wellington waterfront, Victoria University and the Botanic Garden, and Wellington's many shops and cafes.

With its highly desirable location, this apartment offers an excellent opportunity for single professionals, out of town commuters, parents of University students or those looking for an investment.

Features include:

• Open plan lounge, dining, kitchen
• Spacious bedroom with large windows
• Storage locker in the basement
• Brand new double glazed windows
• Attractive, modern exterior
• Secure building entry
• NBS rating 80%
• BC levies (operating) $4,030
• Rates $809
• Rental appraisal $430-$470 per week.

The complex is currently under remediation, however, the work on the Molesworth block where this apartment is located, has been completed. There are some special levies to be paid, however the property has excellent potential for capital growth once the entire project is finished.

Priced at $279,000.

Viewing by appointment only.