Unit for Sale
- About this property
Solid City InvestmentProperty ID BDN20810Here is a great low maintenance investment with an attractive nett rate of return - 6.5% (based on 16/17 average).
The Cube on Taranaki Street is a high demand student residence option, with an excellent occupancy record. The long term management contract with Massey University ensures minimum monthly income is guaranteed. Last year's (2016-2017) average monthly nett income was $1,266.28.
Three bedrooms (lockable) student accommodation, rented by the room.
Wheel Chair accessible bathroom.
Efficient well managed student complex.
Well established and proven investment performer.
The Cube Apartments is situated on the corner of Taranaki and Webb Streets on the border of Mt Cook and Te Aro. It's just two hundred meters from the Massey University Wellington Campus and 8 mins walk from Courtney place.
Call the vendors exclusive agent Hamish Timmins - 027 542 6474 to arrange a viewing today.