LOCATION LOCATION! CALLING ASTUTE INVESTORS!

  • Sale
$740,000 / RV
Address: 228/21 Left Bank, Te Aro, Wellington City
Location: Te Aro
  • 2 Bathrooms
  • 6 Bedrooms

Property Information

  • Type: Apartment
  • Bedrooms : 6
  • Bathrooms : 2
  • Land Size : 112

Property Description

These well appointed Dual Key apartments are sure to impress! Configured as a separate modern 3 bedroom apartment + a separate modern 3 bedroom apartment on 1 Title, the upside is yours! Location cannot be overlooked when deciding on where to live or where to invest. Was returning cash flow of $1300pw with massive upside (under rented). These apartments are hugely popular among investors seeking an awesome yield and also owners seeking the ultimate city location in the Cuba quarter whilst earning an income.

The Left Bank Buildings were refurbished and built in the early 2000’s by one of Wellingtons best Developers. These apartments are located on the second floor and are North Facing!

There are no restrictions for either Apartment to be let out as an Air BNB or rental in the BC rules. The Apartments are Freehold Unit Titled (stratum in freehold).

Floor Area inc both 112m2
Body Corporate fees $280 pm
WCC Rates $2794 pa
RV $740,000

Unit A
– 3 Bedrooms
– Full Kitchen
– Separate open plan kitchen/dining/living
– Includes Heat pump and some whiteware
– Floorplan available
– Vacant Possession. Was Rented at $650pw. Rental Valuations available

Unit B
– 3 Bedrooms
– Full Kitchen
– Separate open plan kitchen/dining/living
– Includes Heat pump and some whiteware
– Floor plan available
– Vacant Possession. Was Rented at $650pw. Rental Valuations available

Being sold by way of Deadline Sale 12pm Wednesday 13 November 2019 at our office 27 Buller Street, Te Aro, Wellington (unless sold prior). Contact Harry for an information pack!

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