Sold

123/40 The Terrace,
Wellington Central, Wellington City

3 bedrooms
1 bathroom
58m² building size
Apartment

NZD 185,000


Property details

Chattels

  • Cooktop Oven
  • Rangehood
  • Light Fittings
  • Floor Covers
  • Blinds

Cheap 3 Bedroom - Sun, Views & Central

Behold this three bedroom, one bathroom apartment is priced to sell!
Buyer Enquiry Over $190,000

Features:
- Corner apartment that is North facing meaning it gets great sunlight and also has views.
- Located in the CBD. Practically located close to everything
- Info for Investors: Unilodge adviced each occupied bedroom gets rented for approx. $295 (incl GST) per week. Currently 2 of the 3 bedrooms are occupied therefore the apartment currently gets approx. $590 (incl GST) per week with the intention of Unilodge aiming to fill the last room. This means the potential to get approx. $885 (incl GST) per week.
- 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.
- The GREAT NEWS is that this apartment is leased to Unilodge UNTIL 22nd January 2023 which means after the lease ends, it gives you the potential to occupy or the possibility to rent it out as an investment, OR even continue to lease it with Unilodge for simplicity investment purposes.
- Each bedroom has it's own external window which is great for natural ventilation
- 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???
- Body Corp Levy: $12,806.20 per year
- Council Rates: $873.93 per year
- Size: 58m2 (derived from property smarts).
- Suitable: CASH BUYERS or BUYERS WITH A GOOD AMOUNT OF EQUITY

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

Explore the area


School catchments

  • Clifton Terrace Model School Full primary Years 1-8 State 0.38km
  • Sacred Heart Cathedral School Full primary Years 1-8 State integrated 0.50km
  • Thorndon School Full primary Years 1-8 State 0.82km
  • Queen Margaret College Composite Years 1-15 Private 1.0km
  • Northland School Full primary Years 1-8 State 1.2km

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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