Sold Property

U1E/242 Taranaki Street, Mt Cook, Wellington 6011

  • 1
  • 1

$118,100

Hands-Free Property Investment

The Cube in Taranaki Street is a well-established and professionally maintained accommodation residence currently leased to Massey University, representing a reliable investment prospect showing over 6% nett. This apartment is to be sold on the basis it is maintained within a long-term management contract held by Massey University. They literally take care of everything including protecting your investment. Here are the key attributes of this apartment:

- Hands-free property investment
- Opportunity for capital gains
- One bedroom individually rented
- Great natural light for the occupants
- Efficient and well managed complex with meticulous inspection records
- Regular inspections and exacting standards protect your investment
- Simply reap the return
- Over the last 12 months the net annual return to the owner has been $8025.05
This opportunity represents a fantastic opportunity to initiate or supplement your income through property investment. RV: $96,000. Property ID: #WL24314

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Sold Date

  • 17 January, 2017

Property features

  • Property Type: Apartment
  • Property Features: Security system, Smoke alarms
  • Tenure: Stratum in freehold
  • House style: Contemporary
  • Joinery: Aluminium
  • Flooring: Other
  • Window coverings: Drapes
  • Heating / Cooling: Electric
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove
  • Kitchen: Open plan
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Views: City
  • Aspect: North, East
  • Land contour: Flat
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to shops, Close to transport, Close to schools
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Outgoings

  • Body corp fee $: 1975.68

Office

Harcourts Wellington City

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 1
  • 1

Sold Property

U1E/242 Taranaki Street, Mt Cook, Wellington 6011

$118,100

Hands-Free Property Investment

The Cube in Taranaki Street is a well-established and professionally maintained accommodation residence currently leased to Massey University, representing a reliable investment prospect showing over 6% nett. This apartment is to be sold on the basis it is maintained within a long-term management contract held by Massey University. They literally take care of everything including protecting your investment. Here are the key attributes of this apartment:

- Hands-free property investment
- Opportunity for capital gains
- One bedroom individually rented
- Great natural light for the occupants
- Efficient and well managed complex with meticulous inspection records
- Regular inspections and exacting standards protect your investment
- Simply reap the return
- Over the last 12 months the net annual return to the owner has been $8025.05
This opportunity represents a fantastic opportunity to initiate or supplement your income through property investment. RV: $96,000. Property ID: #WL24314

Property Features

  • Property Type: Apartment
  • Property Features: Security system, Smoke alarms
  • Tenure: Stratum in freehold
  • House style: Contemporary
  • Joinery: Aluminium
  • Flooring: Other
  • Window coverings: Drapes
  • Heating / Cooling: Electric
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove
  • Kitchen: Open plan
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Views: City
  • Aspect: North, East
  • Land contour: Flat
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to shops, Close to transport, Close to schools
Show More

Outgoings

  • Body corp fee $: 1975.68

Sold Date

  • 17 January, 2017

Ken Dentice Harcourts Wellington City

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Harcourts Wellington City

Office Harcourts Wellington City Licensed under REAA 2008

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Need to sell before you Buy?

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