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203/115 Vivian Street
Te Aro BEO $975,000 |
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SOLD!
Strong Income – Investment Opportunity
How about a 7%+ gross return? That could be yours with this easily managed, money making investment gem. Located adjacent to the VUW School of Architecture and with easy access to all other city tertiary campuses this is a property with a solid rental history that is always in demand. The 6 bedrooms in this 188 sqm (approx.) apartment are generous in size and all have built in storage. The large kitchen and dining area is spacious and links easily through to the huge living area. There are two bathrooms, one of which incorporates the laundry.
Income: $1380 per week on a fixed term to February 2022 ($71,760 p.a.)
Body Corporate Levy: $14,829.48 p.a.
WCC Rates: $3,341.55 p.a.
NBS: 96%
This could be the perfect opportunity for Mums and Dads looking to the future to secure both a great investment and the peace of mind of knowing that the kids are in a well looked after flat. Whichever way you look at it this is a prime opportunity for the astute investor to get on to a real money maker!
How about a 7%+ gross return? That could be yours with this easily managed, money making investment gem. Located adjacent to the VUW School of Architecture and with easy access to all other city tertiary campuses this is a property with a solid rental history that is always in demand. The 6 bedrooms in this 188 sqm (approx.) apartment are generous in size and all have built in storage. The large kitchen and dining area is spacious and links easily through to the huge living area. There are two bathrooms, one of which incorporates the laundry.
Income: $1380 per week on a fixed term to February 2022 ($71,760 p.a.)
Body Corporate Levy: $14,829.48 p.a.
WCC Rates: $3,341.55 p.a.
NBS: 96%
This could be the perfect opportunity for Mums and Dads looking to the future to secure both a great investment and the peace of mind of knowing that the kids are in a well looked after flat. Whichever way you look at it this is a prime opportunity for the astute investor to get on to a real money maker!
Viewing by arrangement
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Bedrooms: 6
Floor Area: 188 sqm (approx.) Legal Description: UNIT 2C DP335843 1/50SH AUB1 Rating Valuation: $715,000 (September 2018) Land Value: $330,000 Improvements Value: $385,000 WCC Rates: $3341.55 p.a. Body Corporate Levy: $14829.48 p.a. NBS: 96% |
