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Apartment

32/40 The Terrace Wellington Central, Wellington City

Sold for $230,000 on 20 Mar 2020
  • 3 Beds
  • 1 Bath
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32/40 The Terrace, Wellington Central, Wellington City

Apartment in Wellington Central

Net Yield 6.9% - 3 Bedroom Smart Deal

  • 3 Beds
  • 1 Bath

Attention Investors!

Now here is a 3 Bedroom, 1 bathroom apartment with a furniture packaged that you do not want to miss!

Ask yourself this question, How many 3-Bedroom apartments are available on the market right now and have the features below???

Features:
- Net Yield = 6.9% (Based on last year's income. Payment to owner = $27,742.86 (12 months: period Feb 2019 - Jan 2020). It BEATS holding your money in bank.
- Good news it already has NEW tenants making you MONEY!!!
- Hands free investment. The property is managed both Day & Night by UniLodge (onsite property manager) which makes life simple & easy for you as an investor, and also a safe haven for your tenants
- Earthquake Rating = 172% NBS (Smart & safe Investment)
- Amazing communal areas for your tenants - gym, music room, study room, sports/games room, bike storage, outdoor area to enjoy the sun & BBQs, large lounge to relax and watch the big screen. Ask yourself if there are any other properties that provide this for your tenants???
- It is a corner apartment. Also known as the 'Better Units of the Complex' as it allows better light and better ventilation throughout.
- Long term lease ending soon (January 2022) allowing potential & possibility to owner occupy or privately rent out. Patience = REWARDS
- CBD location. Practically located close to everything
- Body Corp Levy: $10980.24 per year
- Council Rates: $900.12 per year
- Suitable: CASH BUYERS or BUYERS WITH A GOOD AMOUNT OF EQUITY

VIEWING BY APPOINTMENT. Contact Phil Mac Raywhite for a private viewing.
Email:phil.mac@raywhite.com,
Mobile: 021 057 6489

Features:
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Gymnasium
  • Study
Property ID:

BDN23391

Building:

60m²

Bedrooms:

3

Bathrooms:

1