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127/40 The Terrace, Wellington Central, Wellington, 3 Bedrooms, 1 Bathrooms, Apartment
Sold

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 12 Day 10

127/40 The Terrace, Wellington Central, Wellington

3
1
59m2
Nearby train station

Discover an exceptional investment opportunity with this sunny, corner-unit, three-bedroom apartment, perfect for those seeking affordability and strong returns. Currently fully tenanted, each room currently generates approximately $296 per week ($888 total).

Situated in a prime CBD location, the apartment boasts stunning views and natural light, thanks to external windows in all bedrooms. The property is currently managed by UniLodge (on-site property managers) with no fixed-term agreement, providing flexibility to rent out privately or occupy the apartment yourself. Additionally, the building's earthquake rating has been recently upgraded from 33% to 75% NBS (as per the April 2024 AGM minutes).

Key Features:

• Superb CBD location, with everything at your doorstep

• All bedrooms feature external windows, ensuring great natural light

• Apartment area: 59m2

• Currently, all three bedrooms are tenanted with rent based on occupied rooms and option to rent out privately or owner occupy.

• Gym

• Bicycle storage

• Outdoor space for sunbathing and BBQs

• Spacious lounge with large-screen TV

This apartment is also perfect for parents looking to secure accommodation for their children attending university, while benefiting from a high-yield investment. If you have a child starting early next year, this is the ideal opportunity.

For more information or to arrange a viewing, contact us today!

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Last update:2025-01-22 16:16:06