24/40 The Terrace, Wellington Central, Wellington

24/40 The Terrace, Wellington Central, Wellington CBD Apartment - 2 Brms BEO $145,000

A well-appointed apartment, centrally located near restaurants, cafe's and local shops and with easy access to Lambton Quay.

This would be Ideal for your kid(s) at university with a flat mate to help cover costs or as an investment and lease it back to Uni-Lodge (on-site property managers). Why pay rent when you can own it!

Compare this apartment with other 1 or 2 bedrooms on the market today, at this price level it represents good value for money. You would save $$$ each year on mortgage repayments alone.

The building is currently going through earthquake strengthening work which is due to be completed this year. The costs for the work are covered by the Vendor.

At A Glance:

• Floor area 41 m2

• R.V $145,000

• WCC Rates: $652.47 p.a (1 July 2023 - 30 June 2024)

• Body Corporate Levies: 8,847.52 p.a

• Legal Description: UNIT 2D DP 314856

• Freehold / Unit Titled

• Earthquake Strengthening costs Unit 24 is $6,741

• Close to Wellington's main Transport Hubs - Train Station, Bus Interchange & Blue Bridge Ferry Terminal

• Central heating

• Common facilities: Bike storage, gym, music & games room and a communal lounge

• Earthquake strengthening with an aim of achieving 70% - 75% NBS Rating

• Suitable for wheelchair access

If this property appeals to you, please contact me for a full information pack or for a private appointment to view.