If you want low maintenance, easy care, easy management investment property, with two income streams, right in the middle of town, in a modern, purpose built building that meets all council requirements, then your prayers have been answered.
Offering a 2-bed apartment plus a self contained furnished studio apartment, both on one title, you should never have trouble renting these modern units to good professional tenants.
2-BED APARTMENT:
- 2 double bedrooms with built in wardrobes
- Open plan kitchen / living with west facing sliders for great light and afternoon sun
- Generous study nook
- Modern bathroom
- Rented for $500pw until early 2019
- Rent appraisal $540 - $570pw
STUDIO APARTMENT:
- Open plan kitchen / living / bedroom also with west facing sliders
- Generous study nook
- Modern bathroom
- Rented for $300pw until early 2019
- Rent appraisal $340 - $370pw
Situated on the top floor, and set back from Vivian St, the sun is good and the city noise is minimised. Unlike many other "twin key" apartments, this building has a few attractive differences:
- Two separate front doors directly off the hallway, rather than one door leading to a lobby which then has two doors off it.
- Each apartment has its own power account, rather than one account between the two apartments that needs to be apportioned, hence reducing management for the owner.
- 2015 RV $400,000
- Rates $2,074.65pa
- Body Corp levies $7,099.20pa (includes hot water)
- Completed in 2008-09 therefore we believe 100% NBS or very close to it
For sale by Deadline Sale:
- Closing 12pm Friday 31 August
- At Lowe&Co Realty, 8 Kent Tce, Wellington
- The owners are open to offers FROM FRIDAY 24TH AUGUST
This has been a super easy investment for our owners, but they are now Aussie based, so it's surplus to requirements and looking for a new owner. If you like high cashflow, great location, and low management / maintenance effort, this one demands your attention.
