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  • 1 bed
  • 1 bath

2P/154 The Terrace Wellington Central

For Sale
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BEO $385,000 Awesome Investment!

Looking for a hands off investment with good returns- This is definitely worth a look. One bedroom city pad with car park. Well-designed layout with separate bedroom and good storage. West facing with a balcony for great afternoon sun. Easy access by car from the motorway. Short walk from Lambton Quay, the waterfront, city shops and cafes. Rented, at a guaranteed rent, and agreed increase every 2 years, with a buyer enquiry over $385,000 this makes good sense. Key features include • Open plan living/dining/kitchen • Modern bathroom • Well run body corporate • Secure entrance lobby • Access to gymnasium and swimming pool facilities within the building

Body Corp fees: $4,975.48 unit and car park Rates: $4,671.10 unit and car park Previous Annual Income: $25,217.40 Current income is $2,513.22 plus GST per month The current rental review is every two years with the next review 1 October 2021 The rent will increase 2% according to the vendors records

Buyer Enquiry Over $385,000

Great opportunity for investors.

Access is limited so contact Katie on 027 248 2061 to secure a viewing time.

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