Mahere Papa
Kihini
This Unit offers spacious & modern living space in a sought-after location. With 5 bedrooms, 1 bathroom, and 1 toilet, perfect for individuals looking an investment or accommodation for your kids at university plus flat mates. The floor areas span 83sqm, providing plenty of room for comfortable living. The apartment can be owner occupied if you or your child is a registered University Student.
Located in a vibrant and urban area, this property is surrounded by amenities such as shops, supermarket, restaurants, and transportation options. The city is just a short distance away, providing easy access to all that it has to offer.
Accommodation + Income Potential:
1 Child at Uni plus 4 flat mates at $200/room = $41,600 p/a Income
Annual Calculations:
- Gross Income: $52,000 p/a
- Body Corporate Fees: $11,782.70 p/a
- Council Rates: $1,501.44 p/a
- Cash Price $390,000
Current NBS Rating 60% (to be reassessed when all work compliance work is completed)
Don't miss out on this opportunity to own this apartment in a prime location. Contact us today to arrange a viewing. The Apartment is located close to Massey University and Victoria University's Te Aro & Kelburn Campus. Viewing by private appointment only.