116/40 The Terrace Wellington Central, Wellington City

A great way to make money is to invest! Make more money then leaving it in the bank (they give you such low interest returns).

Here is a 3 Bedroom, 1 bathroom apartment with a furniture packaged that makes the money come rolling in.

Features:
- Net Yield = 7.1% (Based on last year's income. Payment to owner = $30,215.22 (12 months: period May 2019 - April 2020). It BEATS holding your money in bank.
- Good news it already has tenants making you MONEY!!!
- Northeast facing corner apartment that gets both morning and afternoon sun. Corner apartments are known as the 'Better Units of Apartment Buildings' as they allow better light and better ventilation throughout.
- Hands free investment. The property is managed both Day & Night by UniLodge (onsite property manager) which makes life simple & easy for you as an investor, and also a safe haven for your tenants
- Earthquake Rating = 172% NBS (Smart & safe Investment)
- Long term lease ending soon (January 2022) allowing potential & possibility to owner occupy or privately rent out. Imagine the future value. Patience = REWARDS
- Amazing communal areas for your tenants - gym, music room, study room, sports/games room, bike storage, outdoor area to enjoy the sun & BBQs, large lounge to relax and watch the big screen. Ask yourself if there are any other properties that provide this for your tenants???
- CBD location. Practically located close to everything
- Body Corp Levy: $12,442.5 per year
- Council Rates: $989.44 per year
- Suitable: CASH BUYERS or BUYERS WITH A GOOD AMOUNT OF EQUITY

VIEWING BY APPOINTMENT. Contact Phil Mac Raywhite for a private viewing.
Email: phil.mac@raywhite.com
Mobile: 021 057 6489