Investors - This One Delivers!
Secure dual income, flexible living, and a proven rental history with this high-performing Dual-Key opportunity in the heart of the City.
Apartments 903 & 903a at 111 Dixon Street offer the best of both worlds:
- A sun-soaked West-facing 1-bedroom apartment
- An East-facing studio capturing the morning light
Positioned on Level 9 above neighbouring buildings, both apartments enjoy excellent natural light, sunshine, and an elevated outlook away from the bustle below.
Returning a combined $50,440 per annum, the current tenancies comprise:
- 903 (1 Bed): $550pw - fixed term until April 2027
- 903a (Studio): $420pw - periodic tenancy
At the current price guide, there's potential for an approximate 9% gross yield.
Completed in 2019, these modern apartments combine industrial-inspired design with practical, low-maintenance living:
- Concrete feature walls and contemporary finishes
- Fully self-contained layouts with separate kitchens, bathrooms, and laundries
- Double glazing for warmth and quiet
- Juliet balconies for airflow and fresh air
- Clever Murphy bed included in the studio
- Body Corporate Fees: $8,169.64 per annum
Continuously tenanted since completion, this sought-after location appeals to investors, city professionals, parents seeking accommodation for university-aged children, or buyers wanting to live in one and rent the other.
Viewings are available by private appointment only.
Contact Tia and Courtney today.
Offer are invited upwards of $550,000.
**Information displayed under Trade Me's property details section may be sourced from third-party records and council data. Lowe & Co Realty and its agents do not guarantee or warrant its accuracy. Purchasers should verify all details independently and are advised to seek independent advice.**
^Source of information: Property Guru, Nexus, Wellington City Council (non-verified).
