For sale

4I/242 Taranaki Street,
Mount Cook, Wellington City

5 bedrooms
1 bathroom
83m² building size
Apartment

G.V $295.000


Property details

Chattels

  • Cooktop Oven
  • Wall Oven
  • Rangehood
  • Extractor Fan
  • Light Fittings
  • Floor Covers
  • Blinds
  • Curtains
  • TV Aerial

5 Bedrooms - $52,000 income p.a - Invest/Occupy

This Unit offers spacious & modern living space in a sought-after location. With 5 bedrooms, 1 bathroom, and 1 toilet, perfect for individuals looking an investment or accommodation for your kids at university plus flat mates. The floor areas span 83sqm, providing plenty of room for comfortable living. The apartment can be owner occupied if you or your child is a registered University Student.

Located in a vibrant and urban area, this property is surrounded by amenities such as shops, supermarket, restaurants, and transportation options. The city is just a short distance away, providing easy access to all that it has to offer.

Accommodation + Income Potential:
1 Child at Uni plus 4 flat mates at $200/room = $41,600 p/a Income

Annual Calculations:
- Gross Income: $52,000 p/a
- Body Corporate Fees: $12,073.62 p/a
- Council Rates: $1,919.27 p/a
- Asking Price $390,000

Current NBS Rating 60% (to be reassessed when all work compliance work is completed)

Don't miss out on this opportunity to own this apartment in a prime location. Contact us today to arrange a viewing. The Apartment is located close to Massey University and Victoria University's Te Aro & Kelburn Campus. Viewing by private appointment only.

Inspections


Explore the area


School catchments

  • Mt Cook School (Wellington) Full primary Years 1-8 State 0.32km
  • St Mark's Church School (Mt Victoria) Full primary Years 1-8 Private 0.61km
  • Te Aro School Full primary Years 1-8 State 0.77km
  • Clyde Quay School Full primary Years 1-8 State 0.83km
  • Brooklyn School (Wellington) Full primary Years 1-8 State 1.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


Back to top