Bring your paint brush, new carpet and some decent furniture (except for a bed as that's new already) to do-up and add value to this top floor gem. Located right in the heart of the University precinct at 33 Mount St (Mount Terrace apartments). In it's current tired condition it's already returning $500 pw in rent (fixed till April 2014). If you have been watching the Block and eager for a project to start on then this freehold apartment will have the potential to get you excited. Be quick as I am sure this will be popular given DIY Is in our DNA here in NZ.