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Are you open-minded- Instead of leaving your money in the bank and getting a minimal return, why not invest your money in this apartment and get better returns. Having a very good tidy tenant in place and with a Net yield of 6.3% (based on 52 weeks of the current rental income - $410 per week), this surely beats the bank's return.
Cute 1 bedroom, 1 bathroom studio
Clever layout with no wasted space.
WCC NBS rating 72%
Centrally located to shops, restaurants, public transport. Located mid-way along The Terrace. In perfect proximity to the Victoria University (Kelburn and Pipitea), Lambton Quay, Parliament and the motorway.
Fully furnished (excludes small utensils)
Foldaway bed (lifts up) - a great way to give you space when entertaining
Hideaway laundry in the kitchen
Local building restaurant/cafe (ground level)
Council Rates: $875.79 per year
Body Corp Levy: $4714.48 per year