Investors - 8.3% Gross Yield!


104/115 Vivian Street, Te Aro

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Investors - 8.3% Gross Yield! | 104/115 Vivian Street, Te Aro | 3301356 |      X Close
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Investors - 8.3% Gross Yield!


Right in the heart of the city, walking distance to Massey and Victoria Universities with School of Architecture nearby, colleges, CBD and entertainment Quarters - this 230sqm ground-floor apartment has valuable flexibility.

Currently tenanted at $1,140 per week (appraisal suggest $1,300), the apartment has direct street-access to the cul-de-sac Knigges Ave, a large living-area, kitchen/dining, two bathrooms and a big storage space at the back. Based on the RV, thats currently 8.3% gross yield and 9.4% on the current appraisal. It is also zoned for commercial use and the layout will also appeal to this market.

Professionally-managed and sought-after, the 'City Lodge' has an NBS rating: 96% a comfort.

Only one owner, now ready to sell. RV: $715,000. Rates: $3,176.40. Call Colin now for more - 0273210085!!

Open Homes Sunday 3pm on 2, 9, 16 February 2020.

Tenders closing: 4pm, Thursday 20th February 2020

104/115 Vivian Street, Te Aro

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