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sold
Sold
  • 2 beds
  • 1 bath

901/169 The Terrace Wellington Central

For Sale
Contact Agent

High Floor Position?

Sometimes the best things come in small packages !

This bite-sized fully furnished 2 bedroom apartment positioned proudly on the 9th floor offering harbour glimpses.-

It has all the kit required for comfort, with all the convenience of an address on The Terrace. Walk to everything, right at your door step. Currently rented for $480 pw, how can you go wrong- Relax and enjoy the income.-

  • Lease expires 13th Feb 2021-(tenants interested in staying)
  • 2 bedrooms
  • Open plan kitchen / living / dining
  • Good natural light
  • City & water views
  • Safe & secure with stylish lobby area
  • Massively popular rental zone
  • Excellent cash flow
  • RV $255,000

CASHFLOW ANALYSIS: * Gross Rent: $24,960 pa * Less BC Levies: ($9,152) pa * Less WCC Rates: ($1,099) pa * Net Rent: $14,709

This represents huge value.-

Deadline sale closing 15th December 2020

NB: Although building is named Vic Central there isn't a fixed agreement with university. You're welcolme to occupy or rent privately.

Location

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