Two incomes giving great cash flow for investors, great central city location between Courtney Place and Cuba precinct, with cinemas, restaurants and cafes, walking distance to CBD and waterfront.

A modern purpose built apartment block fully compliant with the latest building and earthquake codes, North-East Corner with great light, sun and views from level 9.

This apartment consist of 2 self-contained Apartments on one title - 1 bed apartment rented for $400pw (power included) + a fully furnished self-contained studio apartment for $310pw (power included). Furniture included for studio.

Sit back and enjoy a great investment or use one as your city pad while earning income from the other unit.

62 sqm excluding Deck

A 4.4 sqm deck off the 1 bedroom apartment lounge, facing east towards Mt Victoria for fabulous morning sun,

8.8% Gross Yield and with the right structuring an after-tax positive cash flow.

Current Rent: $710pw ($36,920pa)
Body Corporate: Levies: $ 1,340.97 per quarter
Council Rates: $1,768.29 pa

Unit 905, The Peak Apartments, 170 Taranaki Street, Te Aro, Wellington 6011

Agency reference #: 905-170taranaki