101/40 The Terrace Wellington Central, Wellington City

BUSINESS HUB APARTMENT: 38-42 The Terrace, Wellington Central Stafford House - first time on the market since 2003.

Located on the 10th floor, this well-appointed 3-bedroom unit at Stafford House has an inner-city outlook. Within minutes' walk to CBD shops, cafes and eateries at your feet, this unit of approx. 55m² features an open plan kitchen, living and dining which enables a separate laundry space within a fully fitted bathroom.
Currently leased to UniLodge: what is UniLodge?
• An onsite management company predominantly housing student demographics
• With the current lease due to expire on the 22nd January 2023 - there is a right of
renewal

Points of Interest:
• Excellent onsite facilities -music room, common area, gymnasium, vending
machines facilitating refrigerated meals and snacks
• Current NBS rating 34% - will be strengthen to 67 - 75% commencing 2023
• R.V. $225,000
• Rates: $858.22
• Body Corporate Levies $12,519.80 p/a
• Appraised rental potential range: $700 - $750 per week, up to $38,775 annually
• Legal Description: UNIT 10A DP 314856

All viewings are requested by private appointment only. For a full information pack
please contact me by email ricky.sue@raywhite.com or Mobile 021661181