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Offshore owners say sayonara to all ties to NZ. Smack bang in the middle of Univille, opportunity awaits.
A private, quiet studio apartment that will suit the parent looking to house their children whilst they attend university, those looking for a simple city lock and leave or an investment super performer… let's start ticking boxes:
• For a start, it's very spacious. Making use of every available square meter (which is well sized for a studio at 34sqm). A very spacious bathroom and well equipped kitchen with plenty of bench space for all the cooking students will do.
• The living area opens on to a decent useable balcony.
• it's in excellent condition having just been painted and received new carpet.
• Location couldn't be better. Perfect for students (either tenants or a nest for your own), but also very popular with city workers as well - you will literally have tenants lined up.
• Appropriately located on the 8th floor - this is the perfect investment with low outgoings and high income due to the massive spike in demand for city dwellings and lack of options.
• Like the apartment, the building has gone through extensive maintenance and is being expertly managed with a very hands on committee.
Income
Rental Appraisal $420 to $450 per week.
Outgoings
Body Corporate Levy - $3,366.47
Council Rates - $1,347.14 per annum
Now, let's address the big grey elephant next to the room. Whilst it does have a view from the balcony, you'll have to strain your neck, otherwise it's a grey concrete wall as your outlook. The history of tenancy confirms that tenants don't care, and the only reason you should is it means this is going to be an absolute bargain.
Contact us today for a full information pack and/or to arrange a time to view.
