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Te Aro rent price
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AW301/28 Torrens Terrace, Te Aro
$480,000+ listed in Apr 2014
Apartment: 2 Bed rooms 2 Bath rooms
Building size: 83 sqm
Agent: Century 21 First Choice Realty Ltd Wellington

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Property Description:
Twin key (two apartments) on one title = 2 x incomes with 1 x outgoings, makes investment sense, could also
make an excellent home/income (live in one rent the other out).

Currently let for $410 & $320 p/wk with a combined revenue of $730pwk, the location, and high spec ensures the stability of this as
an investment proposition, definitely for the astute investor that recognizes the value in high quality, low maintenance.

The complex is very well managed, clean and tidy and both the studio & one bedroom are in the the best location in the block for sun and
light.

* Highly specified units with tiled bathrooms, fold out bed (studio), separate power meters, high quality joinery and fittings
* Architecturally designed with an ergonomic layout
* Outdoor living yet with a quiet, central city location
* Enclosed central courtyard
* Closed-circuit television security
* Studio fully furnished with a $13k package
* Good rental returns: 1 bedroom $410pw, Studio $320pw
* Yield at these figures; 7.30% Gross Yield

ONE OPEN HOME ONLY -
Property valuation from Government
Nearby Schools:
NameTypeDecileDistance
Moriah CollegePrimary9217 meters
Mt Cook School (Wellington)Primary5478 meters
Wellington High School & Com Ed CentreSecondary9511 meters
Te Aro SchoolPrimary6651 meters
Wellington CollegeSecondary10750 meters
>>More schools

The property data is from the public websites.

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