Ray White Wellington City

Ray White provides a broad range of real estate services from selling your property to property management. Visit our website to see over 12,000 properties on display.

We are a family owned business. When you choose Ray White, you are choosing over 100 years of experience and a name you can trust. We guarantee it!

Contact us to find out how Ray White can help you when it comes to property.

Real Estate Services, Real Estate Agents

Ray White Wellington City
Listing #:
BDN32115
Listed:
216 days ago

G.V $395,000

5 Bedrooms - $52,000 income p.a - Invest/Occupy

5H/242 Taranaki Street, Mount Cook, Wellington
Apartment
bedroom
5 Bedrooms
bathroom
1 Bathroom
toilet
1 Toilet
floorarea
83m2 Floor Area
About this property
This Unit offers spacious & modern living space in a sought-after location. With 5 bedrooms, 1 bathroom, and 1 toilet, perfect for individuals looking an investment or accommodation for your kids at university plus flat mates. The floor areas span 83sqm, providing plenty of room for comfortable living. The apartment can be owner-occupied.

Located in a vibrant and urban area, this property is surrounded by amenities such as shops, supermarket, restaurants, and transportation options. The city is just a short distance away, providing easy access to all that it has to offer.

Accommodation + Income Potential:
1 Child at Uni plus 4 flat mates at $200/room = $41,600 p/a Income

Annual Calculations:
- Gross Income: $52,000 p/a
- Body Corporate Fees: $11,782.70 p/a
- Council Rates: $1,501.44 p/a
- Cash Price $390,000

Don't miss out on this opportunity to own this apartment in a prime location. Contact us today to arrange a viewing. The Apartment is located close to Massey University and Victoria University's Te Aro & Kelburn Campus. Viewing by private appointment only.
Check out whether you can get fibre internet
Meet your new neighbours on Neighbourly