Secure an immediate income stream with this high-yielding dual-key apartment at Monvie Apartments (15 Holland Street, Te Aro). This clever property combines a 2-bedroom apartment and a separate, fully self-contained studio on a single title. Perfect for students or city workers. Whether you are parents securing safe student accommodation for your children while having an income stream, or an investor, or a first home buyer looking for a rental side income, this property is for you.
The Financials
• Total Potential Income: $850 per week across both units.
• 2-Bedroom Unit: Currently rented at $500 per week until February 2027.
• Studio Unit: Vacant and ready for you to move in, or rent out immediately with an appraisal of $350 per week.
• One Body Corporate Fee: Pay only one set of rates and body corporate fees for two separate income streams.
The Layout & Location
• Unlike other dual-key setups, these two homes do not share a hallway. They offer total privacy for you or your tenants.
2-Bedroom Home: Features two double bedrooms, a full kitchen, and a private living area.
Studio Home: Features its own separate entrance, full kitchen, and independent bathroom.
• The Location: Tucked away on a quiet street with no through traffic, just steps from Tory Street, Courtenay Place eateries, and Moore Wilson's.
• Structural Peace of Mind: Built to 100% NBS (New Building Standard) for total confidence.Live in one and let the other pay your mortgage, or rent both out for a hands-off, high-return investment!
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