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403/142 Vivian Street,
Te Aro, Wellington City

3 bedrooms
2 bathrooms
78m² building size
Apartment

NZD 656,000

Property details

Home + Income or x2 Investments

Two Apartments - One Title - Many Options! Configured as a separate two bedroom apartment with the bonus of a self-contained studio with its own entrance all on the same title. These inner-city apartments offer multiple options for astute purchasers to consider:

- Live in the two bedroom and rent out the fully-furnished studio to help pay the mortgage or live in the studio and enjoy more income from the 2brm.

- For those that work from home you could enjoy perfect separation by living in the two brm apartment and using the studio for work.

- If your main home is out of Wellington and you travel here for work, entertainment/sporting events/visiting family, you could rent the two brm and enjoy the studio as your city pad instead of paying hotel rates.

- Handy to Universities and located opposite Victoria Uni School of Architecture this is a great option if you are wanting to help out your university-age children.

- Both apartments are currently rented on a periodic basis providing the option to owner occupy the apartment of your choice or keep it as two investment properties.

- Rental appraisal $960 - $1,030/week.


Unit 403 - Two double bedrooms
*Open plan kitchen/dining/living
*Balcony
*Furnished
*Currently rented $600/week on a periodic basis

Unit 404 - Self-contained studio
*Furnished
*Rented to the Vendors friend there's potential to increase the rent, currently $300/week on a periodic basis

Duel on Vivian Apartments were completed in 2007 providing peace of mind in a fantastic location for those that want to enjoy the benefits of living in the city. A short walk to the waterfront, CBD, universities and a large choice of restaurants and cafes are close by.

This is a rare opportunity that offers multiple options and a convenient location!

For a property summary info sheet please complete the email form

PLEASE NOTE AT THE TENANTS REQUEST: Unvaccinated People Not Permitted

Explore the area

Static map image for property View in Google Maps

School catchments

  • Mt Cook School (Wellington) Full primary Years 1-8 State 0.40km
  • Te Aro School Full primary Years 1-8 State 0.57km
  • Clyde Quay School Full primary Years 1-8 State 0.74km
  • St Mark's Church School (Mt Victoria) Full primary Years 1-8 Private 0.85km
  • Clifton Terrace Model School Full primary Years 1-8 State 1.3km

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.

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