Ray White Wellington City
Real Estate Services, Real Estate Agents
- Listing #:
- BDN35288
- Listed:
- 67 days ago
Asking Price: $275,000
Student Accommodation Investment - *Under Offer*
9I/242 Taranaki Street, Mount Cook, WellingtonApartment
-
- 5 Bedrooms
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- 1 Bathroom
-
- 83m2 Floor Area
About this property
The Cube apartments offer a unique opportunity in the capital city, where a fully managed building provides a hands-off, admin-free and steady cashflow investment.A share of the rental pool is paid out every month so that even if your apartment is not at full occupancy, you still get paid. The setup takes care of all fees and costs associated with the building (not including council rates) so that the payment that comes to you is net cashflow.
Recently renovated having fresh paintwork and new carpeting installed enhances attraction levels to students looking to live and study in Wellington. The location is central to the vibrant Cuba Street entertainment establishments, and an easy walk to the Massey University, the waterfront and main shopping precincts.
An onsite building manager monitors security and maintenance of facilities, ensuring your investment is constantly managed, maintained, and protected.
• Secure access building with swipe cards required at all entrances
• Building management onsite to care for day to day running
• All building expenses deducted and net payment received monthly
• Five bedrooms to provide larger share of rental pool
• Recently refreshed to secure longer term tenants
Viewing of this apartment is strictly as per the advertised open homes in respect of the occupants privacy.
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