Unit 4F, 154 The Terrace, Wellington Central

Unit 4F, 154 The Terrace, Wellington Central

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By Negotiation
Buyer Enquiry From $199,000
  • Bed Icon 1
  • Bath Icon 1
Floor Area: 23m² approx

Buy Today, Move in by 2025

Don't wait to buy property. Buy Property and wait.

As a strong, hands-off investment, this one-bedroom studio is leased to the Quest Atrium until 2025. So, buy today with the intention of gaining a solid return until then, and either occupy yourself or rent out later!

Located on The Terrace, these apartments are highly sort after by guests looking for accommodation. Being close to the CBD, Westpac Stadium, University, restaurants, and Queens Wharf makes this a fantastic location for tourists and short-term stayers. The unit is leased out for $1534.66 per month which makes for $18,415.92 per year. The net income after Body Corp fees and rates is $15,213.16 making it a 7.6% net yield at the BEO price (plus GST if any).

Features:
-Hands-off investment
-7.6% net yield at BEO $199,000 (plus GST if any)
-Fantastic location
-Security and simple access
-Tidy living and bathroom

So call Nick Mahan now for more information on 027 478 1188

Buyer Enquiry Over $199,000 (Plus GST If Any)

The indoor atrium is magnificent with sitting areas below and light streaming from above.

The kitchen comes with a double hob and has more than enough cupboard space for guests.

1. The bedroom is a great size with a Juliet style balcony overlooking the atrium.

1. The full bathroom comes with a shower, vanity and W/C.

Nick Mahan
Nick Mahan
Residential Sales
Mobile: 027 478 1188
Mike Lovell
Mike Lovell
Sales Consultant
Mobile: 027 435 6007