Te Aro 28/W206 Torrens Tce

Investing for cash-flow! After a while you get really good at understanding the benefits of low maintenance, well managed and good occupancy levels, it would be at this point you realize how good this proposition is, so do your maths and pop your offer in!

Stylish Modern compliant construction - = easy to rentLow Maintenance did you get that, LOW MAINTENANCE - = minimum repair bills Great Yield, Park this one and forget it, the rental will pay the mortgage off and in 20 years time your will own it freehold (subject to your mortgage terms and market conditions).One of the best managed complex in Wellington with tight management controls = you have nothing to do sit back relax and know the place is tightly run and controlled by the best in the industry (Kelvin Taylor Property Plus Property Management) = peace of mindTidy respectful tenants = buy and cash-flow rolls from day oneExcellent location in the complex north west corner unit, with extra side windows and light = easy to keep rentedTwo apartments (a 1 bedroom, and a studio) on one title = two income streams, only one set of body corp and rates = smart investment.
RV: $500,000 + $50,000 (carpark) = $550,000 S103 - 1 x bed = $400 pwk S104 - 1 x Studio (furnished Including Carpark) = $380 pwk
Total Weekly Rental: $780 pwk = $40,560 per annum Rates: $2729 per annum (apartment only) Body Corporate: $3665 per annum (apartment only)

Property Information

• Floor area approx 84sqm

Property Features

• Uncovered Carspaces 1