127/40 The Terrace Wellington Central, Wellington City

Discover an exceptional investment opportunity with this sunny, corner-unit, three-bedroom apartment, perfect for those seeking affordability and strong returns. Currently fully tenanted, each room currently generates approximately $296 per week ($888 total).
Situated in a prime CBD location, the apartment boasts stunning views and natural light, thanks to external windows in all bedrooms. The property is currently managed by UniLodge (on-site property managers) with no fixed-term agreement, providing flexibility to rent out privately or occupy the apartment yourself. Additionally, the building's earthquake rating has been recently upgraded from 33% to 75% NBS (as per the April 2024 AGM minutes).

Key Features:

• Superb CBD location, with everything at your doorstep
• All bedrooms feature external windows, ensuring great natural light
• Apartment area: 59m2
• Currently, all three bedrooms are tenanted with rent based on occupied rooms and option to rent out privately or owner occupy.
• Gym
• Bicycle storage
• Outdoor space for sunbathing and BBQs
• Spacious lounge with large-screen TV

This apartment is also perfect for parents looking to secure accommodation for their children attending university, while benefiting from a high-yield investment. If you have a child starting early next year, this is the ideal opportunity.

For more information or to arrange a viewing, contact us today!