9D/40 The Terrace, Wellington Central, Wellington

9D/40 The Terrace, Wellington Central, Wellington Invest or Occupy: Affordable CBD Star

Don't miss this exceptional opportunity! This fully-furnished 2-bedroom apartment is perfect for savvy investors, parents seeking student accommodation, or anyone looking for affordable CBD living.

Key Features:

• Prime CBD location, conveniently close to everything

• Each bedroom boasts its own external window, providing excellent natural ventilation

• Apartment size: 40m2 (derived from property smarts)

• 2 out of 2 bedrooms are currently occupied, with rent based on occupied rooms

• Stress-free investment opportunity, as the property is currently managed 24/7 by UniLodge (onsite property manager), ensuring a simple and secure experience for both investors and tenants (students)

• Impressive communal areas, including a gym, music room, study room, sports/games room, bike storage, outdoor area for enjoying the sun and BBQs, and a spacious lounge with a big screen TV

• Body Corp Levy: $10,519.09 p.a. (refer to PCDS document)

• Council Rates: $737.98 p.a.

• Suitable for CASH BUYERS or BUYERS WITH A GOOD AMOUNT OF EQUITY

Ask yourself this question: Where else could I get a 2 bedroom apartment in Wellington Central under $180,000?

As per the legal opinion provided by Price Baker Berridge in their letter dated April 21, 2020, individual apartment owners are now permitted to occupy their own apartments effective January 2022. This follows the expiration of the previous management agreement and lease with UniLodge. Please note that this information is based on the legal advice received from the law firm.

VIEWING BY APPOINTMENT ONLY.

Don't let this opportunity slip away - contact us today to schedule a private viewing!