Property Type
- Investment
This four bedroom, two bathroom campus central apartment has consistently returned the current owners a strong yield over the past 9 years, and now currently 7.1% based on a sale price of $590,000. And with a shortage of accommodation this is a great way to maintain a return for your money or secure your budding academic somewhere to live while benefitting from the healthy returns.
Easily managed and not part of the campus rental pool you are in complete control, a nearly Hand's off opportunity in Wellington's accommodation hot spot.
Current tenants are in a fixed term tenancy until 15 Feb 2020.
Current rent is $840 per week.
There is also the option to purchase a car park space which is on a separate title.
Body Corp Fees $5750.48 annual
Rates $2892.67 annual
Floor area 114 m2 more or less
Colin has a passion for people and relishes the opportunity to demonstrate a high performance attitude to ensure you receive the best customer experience. Colin’s intuitive, perceptive communication style is just one of the tools he uses to achieve his clients’ goals.
Obtaining premium results for his clients and keeping them informed with accurate market knowledge is Colin’s main focus. His former medical background has taught him life skills, sharpening his meticulous organisational and problem solving skills while keeping in sight the best outcome for his clients. It’s this experience that drives him to be the agent who cares, listens, is accountable, and always ready to take on a new challenge. Colin has impeccable negotiation skills and has built trusting relationships with his previous clients and buyers mainly due to the reassurance he naturally delivers.
In Wellington, Colin is involved with a triathlon group, loves supporting local up-and-coming bands. He recently raised over $1500 dollars for Make-A-Wish NZ, making magical wishes happen for children with terminal illnesses.
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