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6B/49 Manners Street Te Aro, Wellington City

Sold for $235,000 on 20 Jun 2019
  • 1 Bed
  • 1 Bath
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6B/49 Manners Street, Te Aro, Wellington City

Apartment in Te Aro

Net Yield: 7%

  • 1 Bed
  • 1 Bath
Listed By:
Ray White Wellington CityLeaders Real Estate City Limited Licensed (REAA 2008)

This one bedroom apartment is an awesome catch! Located right in the middle of Wellington City, this conveniently located apartment allows you OR your tenant to easily eat out, shop, go to pubs/bars, grab a nice cup of coffee, watch the latest movies in cinemas, train at the local gym and so much more....

Great news, this apartment has new carpet and the damage from the 2016 earthquake has been completed, this includes a new paint job. Wellington City Council states, "49 Manners Street is currently not earthquake-prone under the current policy" and the engineer's report states, "the building has not been compromised". (All this information is in the information pack).

Please note, the other levels of the apartment complex are still in the process of being repaired so don't let that put you off when attending the open homes or viewings. Even BETTER NEWS!, I have been advised that EQC (earthquake commission) is funding these repairs. Yay!!!

Information for investors:
A tenant has just been signed at $420 per week. Net Yield is 7% (based on 52 weeks rent). Isn't this a good investment.

Contact me for a viewing: Phil Mac (021 057 6489) Email: phil.mac@raywhite.com

Body corp: $413.82 per month
Council Rates: $886.12 per annum

Features:
  • Close To Shops
  • Close To Transport
Property ID:

BDN22385

Building:

30m²

Bedrooms:

1

Bathrooms:

1

Listed By:
Ray White Wellington CityLeaders Real Estate City Limited Licensed (REAA 2008)