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Listed over 3 years ago

ID#493442

Mt Cook

Wellington Central
BEO $615,000
4
1
Approx
114
(≈1,227.08 sq.ft.)
proudly marketed by
Colin Rooney
Capital Commercial (2013) Ltd
Colin
0273210085
Message Me

Investment Return or Family Student??

This four bedroom, 1 bathroom central apartment has consistently returned the current owners a strong yield over the past 10 years, and now currently 7.4% based on a sale price of $615,000. 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 1 Feb 2021. Has separate room for laundry with an additional shower. Comprises of a large storage room too. Current rent is $880 per week.

Body Corp Fees $7,045.50 annual (increased to collect for a new roof)
Rates $2,197.31annual
Floor area 114 m2 more or less
BEO $615,000

Contact Colin Rooney for more information. Open home Sunday 25th October at 3pm to 3:30pm. Viewing by appointment after that and notice required by tenants for viewings.

Keywords

Location

  • Inner City

Property Type

  • Investment

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Agent

Colin Rooney

Capital Commercial (2013) Ltd

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

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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This property was photographed by

David Garratt

Wellington Central/North

ID#493442

Mt Cook

Wellington Central
BEO $615,000
proudly marketed by
Colin Rooney
Capital Commercial (2013) Ltd
Colin
0273210085
Message Me

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