Sold
1F/242 Taranaki Street,
Mount Cook, Wellington City
Price withheld
Property details
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Agents
Ray White Wellington City: Leaders Real Estate City Limited Licensed (REAA 2008)
Level 1/77 Thorndon Quay, Wellington Central Wellington City 6011
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Investment or University Accommodation
This attractive, well-designed one-bedroom apartment featuring a practical open-plan layout and excellent natural lighting. The location is superb, situated on the main bus route and near local amenities, it is steps away from shops, cafes, and the local supermarket.
With moderate outgoings and a convenient location, this apartment is ideal for your child at University or for an out of town investors seeking a hands off easy care investment, The property is leased to Massey University till 30 November 2026, You will received a Net monthly payment with all building expense deducted.
At a Glance:
- Body Corporate Levies: $$4,557.37 per annum include Building Insurance. (May 2026 - 30 April 2027)
- Capital Value (RV): $131,000
- Annual WCC Rates: $744.89 (1 July 2025 - 30 June 2027) Plus water rates.
- Lease Expires: 30 November 2026
- Floor Area: 34m2 (approx.)
- Current Income: $1,416.84 Gross per month (After building expenses and BC Levies deducted $964.08 Net)
- The apartment has recently been re-carpeted, new sofa and chairs
- NBS Rating 60% Note; The Earthquake NBS Rating was assessed before the earthquake strengthening had started.
- Furniture included (Optional)
- Legal Description: UNIT 1F DP 361399 1/86 SH AU90
- Estimated market rent; $340 - $360 per week (Privately rented after 30 November 2026)
At the asking price of $138,000 this is an opportunity not to be missed
For more information, please contact me for a Property Information Pack. Viewing by private appointment only.
With moderate outgoings and a convenient location, this apartment is ideal for your child at University or for an out of town investors seeking a hands off easy care investment, The property is leased to Massey University till 30 November 2026, You will received a Net monthly payment with all building expense deducted.
At a Glance:
- Body Corporate Levies: $$4,557.37 per annum include Building Insurance. (May 2026 - 30 April 2027)
- Capital Value (RV): $131,000
- Annual WCC Rates: $744.89 (1 July 2025 - 30 June 2027) Plus water rates.
- Lease Expires: 30 November 2026
- Floor Area: 34m2 (approx.)
- Current Income: $1,416.84 Gross per month (After building expenses and BC Levies deducted $964.08 Net)
- The apartment has recently been re-carpeted, new sofa and chairs
- NBS Rating 60% Note; The Earthquake NBS Rating was assessed before the earthquake strengthening had started.
- Furniture included (Optional)
- Legal Description: UNIT 1F DP 361399 1/86 SH AU90
- Estimated market rent; $340 - $360 per week (Privately rented after 30 November 2026)
At the asking price of $138,000 this is an opportunity not to be missed
For more information, please contact me for a Property Information Pack. Viewing by private appointment only.
Explore the area
School catchments
- Wellington High School and Com Ed Centre Secondary Years 9-15 State 0.26km
- Mt Cook School (Wellington) Full primary Years 1-8 State 0.30km
- St Mark's Church School (Mt Victoria) Full primary Years 1-8 Private 0.61km
- Te Aro School Full primary Years 1-8 State 0.76km
- Wellington College Secondary Years 9-15 State 0.77km
- Clyde Quay School Full primary Years 1-8 State 0.82km
- Wellington East Girls' College Secondary Years 9-15 State 0.92km
- Brooklyn School (Wellington) Full primary Years 1-8 State 1.1km
- Newtown School Primary Years 1-6 State 1.4km
- St Annes School (Newtown) Full primary Years 1-8 State integrated 1.5km
- Kelburn Normal School Full primary Years 1-8 State 1.7km
- Clifton Terrace Model School Full primary Years 1-8 State 1.7km
- Kilbirnie School Primary Years 1-6 State 1.9km
- Te Kura o Tawatawa - Ridgway School Full primary Years 1-8 State 2.1km
- Hataitai School Full primary Years 1-8 State 2.1km
- South Wellington Intermediate Intermediate Years 7-8 State 2.2km
- Northland School Full primary Years 1-8 State 2.4km
- St Patrick's College (Kilbirnie) Secondary Years 9-15 State integrated 2.4km
- St Mary's College (Wellington) Secondary Years 9-15 State integrated 2.5km
- Sacred Heart Cathedral School Full primary Years 1-8 State integrated 2.5km
- Wellington Girls' College Secondary Years 9-15 State 2.6km
- St Catherines College (Kilbirnie) Secondary Years 9-15 State integrated 2.6km
- Queen Margaret College Composite Years 1-15 Private 2.9km
- Altum Academy Secondary Years 7-15 Charter 3.0km
- Samuel Marsden Collegiate School Composite Years 1-15 Private 3.0km
- Rongotai College Secondary Years 9-15 State 3.4km
- Scots College Composite Years 1-15 Private 4.8km
- TKKM o Nga Mokopuna Composite Years 1-15 State 5.3km
- Onslow College Secondary Years 9-15 State 7.6km
- Wellington Hills Christian College Composite Years 1-15 State integrated 8.6km
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.
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Ricky Sue
1F/242 Taranaki Street, Mount Cook 6021
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Ricky Sue
1F/242 Taranaki Street, Mount Cook 6021