Cash Cow Heading Your Way

W106 - 28 Torrens Terrace, Mount Cook
: Apartment
Expires in: 25 days
Posted by:Century 21

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Description

Bedrooms2 bedrooms
Bathrooms2 bathrooms
Floor area82sqm
Agency reference579,171
Agent nameJeh Wasti

Discover what this spacious one bedroom + studio (dual key) 82sqm apartment has to offer you!
An impressive sleek and contemporary design from the moment you step in, with tasteful minimal finishes and fixtures throughout.

You have the option to use this either as a home and income, or a fully fledged investment to receive two income streams. It's your call!

The location is another bonus - located in the city fringe close to the Cuba Quarter - there's an abundance of great restaurants and cafes.
It's also only a short walk to Wellington Hospital, Massey University, local bus stops, and supermarkets etc.

This is great if you're occupying and suitable for a wide variety of tenants if you're an investor.

Features include:
Two apartments (one bedroom + a studio) both on one title = two income streams
Stylish and modern compliant construction = easy to rent
Low maintenance = minimum repair bills
100% Earthquake rating
One of the best managed complexes in Wellington

BC Fees: $6,713.27 per year
Council Rates $3630.77 per year

Currently on a periodic tenancy of ($540+$395) = $935 per week


Location

W106 - 28 Torrens Terrace, Mount Cook