225B The Terrace, Wellington Central

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Property Details

​Price:  By Negotiation
CV:  $1,540,000
Estimated Value:  $1,600,000 
Rental:  $820pw Current - $1600-1800pw Potential
Equity:  $450,000
Gross Yield:  8.0%
Floor Area:  200m2
Bedrooms:  4 could be increased to 6
Bathrooms:  2
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Contact me for further information or to view.

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​​Shane Carruthers 
M:  021 182 6547
P:   09 215 6202
​E:   shane@nexusproperty.co.nz

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Location, Equity and Cashflow.

4 BEDROOM 200M2 APARTMENT - Excellently Located on THE TERRACE close to amenities and in the CBD
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• Beautiful Character Building on The Terrace
• Only 2 Apartments in building, floor each
• Whole Floor
• 4 Bedroom, 2 Bathrooms - could be converted to 6 bedrooms to increase rental income
• Potential Equity of $450,000
• Close to the University - very sought after location by tenants
• Currently returning over $42,640 per annum in rental return. 
• Rental could be increased to $1,650-$1,800pw ($85,800 - $93,600pa) by adding 2 more bedrooms.

To find out more, please give me a call today to make an appointment to view.
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