Unit for Sale
- About this property
Avoid the Student Accommodation Panic!Property ID BDN20156RV $475,000
The cash-flow on this 4 bedroomed apartment is excellent, it offers you a chance to get ahead by letting the current quiet, well-behaved tenants pay your mortgage. Next February, you can choose whether your young-adult family members move in, or you can just re-tenant.
7.7% gross return is easily attainable based on a current rental income of $740 per week and there's no trouble getting tenants come early February next.
Your tenants will enjoy having 91m2 on one level to spread out in, with practical open-plan living and kitchen, as well as windows and double wardrobes in each of the sunny double bedrooms. Also there's a large bathroom with additional separate wc. There is a pleasant courtyard area outside. The building is modern, secure, purpose-built, and in excellent condition. It was well-built enough to escape damage in last year's earthquake. Builder's Report and Initial Assessment available.
You will love the location, an easy walk or cycle-ride to town, Massey University, or Wellington Hospital, and close to shops and buses.
Don't miss this opportunity talk to Kate today on 022-105-563
OtherBuilt-In Wardrobes, Close to Schools, Close to Shops, Close to Transport