University Accommodation Investment

5/5 Hopper Street, Mount Cook

Offers/Enquiries Over NZD $599,000

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University Accommodation Investment | 5/5 Hopper Street, Mount Cook | 3301216 |      X Close

University Accommodation Investment

Located close to most university campuses, this 4 bedroom unit, 114sqm more or less, could be the solution to your accommodation woes for your university children while also growing your investment portfolio.

Situated between Mount Cook and Te Aro, offering 4 large double bedrooms, 1 bathroom, and an additional laundry with extra shower. The lounge has a private balcony that enjoys morning sun.

There is also the option to purchase a car park space which is on a separate title.

Current tenants are in a fixed term tenancy until 15 Feb 2020 with a rent review on 21 May 2019. Current rent is $840 per week.

Body Corp Fees $5750.48 annual

Rates $2892.67 annual

Floor area 114sqm more or less

Low maintenance property in an excellent location for university living - don't miss out on this investment opportunity.

BEO $599,000

Viewing by appointment only and notice required by tenants for viewings. Please note the car park space, if you chose to buy this with the apartment, is additional to the BEO price.

Call Colin Rooney for enquiries and a viewing - 027 3210085

5/5 Hopper Street, Mount Cook

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