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sold
Sold
  • 1 bed
  • 1 bath

6B/49 Manners Street Te Aro

Buyer Enquiry Over $230,000
Private Treaty
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This property has been sold. Would you like more information on the sale, or do you have a property you'd like to discuss selling?

Net Yield: 7%

Now here is a DEAL you don't want to miss. Welcoming both investors and owner occupiers.

This one bedroom apartment is an awesome catch! Located right in the middle of Wellington City, this conveniently located apartment allows you OR your tenant to easily eat out, shop, go to pubs/bars, grab a nice cup of coffee, watch the latest movies in cinemas, train at the local gym and so much more....

Great news, this apartment has new carpet and the damage from the 2016 earthquake has been completed, this includes a new paint job. Wellington City Council states, "49 Manners Street is currently not earthquake-prone under the current policy" and the engineer's report states, "the building has not been compromised". (All this information is in the information pack).

Please note, the other levels of the apartment complex are still in the process of being repaired so don't let that put you off when attending the open homes or viewings. Even BETTER NEWS!, I have been advised that EQC (earthquake commission) is funding these repairs. Yay!!!

Information for investors:

A tenant has just been signed at $420 per week. Net Yield is 7% (based on 52 weeks rent). Isn't this a good investment.

Contact me for a viewing: Phil Mac (021 057 6489) Email: phil.mac@raywhite.com

Body corp: $413.82 per month

Council Rates: $886.12 per annum

Location

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