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    • About this property
    • Features
    • City Crash Pad, or High Yield Investment

      Property ID BDN20823
      BEO $140,000

      20m studio apartment, centrally located on The Terrace. This will surely appeal to those looking for a crash pad in the city, or a high yield investment. Unit 232 was recently rented for $280 per week. The likely gross return is over 9.5%, if you can find a better yield, please let me know.

      If you have kids renting for university, or you are paying for people to stay in a Hotel then this will represent a great opportunity. These 20m studio apartments are in the heart of the city. Just a short walk to Victoria University, Lambton Quay, or Parliament.

      RV: $110,000
      BC Fees: $2,912.04 P/A
      Rates: $877.02
      NBS: 36% (not considered earthquake prone)

      Call the vendors exclusive agent, Hamish Timmins on 0275 426 474 today to arrange a viewing, or come to one of the open homes.
    • Property features