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Te Aro

503/123 Taranaki Street, Te Aro, Wellington

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2ย Bedrooms
2ย Lounges
2ย Bathrooms

Offers/Enquiries Over NZ$850,000

New Build! City Living or Sound Investment


Conveniently located on the 5th floor of the new Ramada Wellington building with a car park available nearby and completion anticipated by the end of April 2021 (5-year bright-line test applies).

As a new build you may also be eligible to benefit from the purchase being exempt from the recent interest deductibility changes - we recommend you seek independent professional legal and financial advice regarding this matter.

The dual key configuration of this apartment with its two self-contained one bedroom apartments offers multiple options for astute purchasers to consider:

-The property's strong rental capability is obvious and further supported with a rental appraisal of $1,100 per week on hand.

-As for personal use, perhaps you purchase on your own and live a spacious home lifestyle or reap the reward of the other one bedroom helping to pay the mortgage.

-This property is also the perfect opportunity for two couples to purchase together - helping all involved get on the property ladder at the same time!

Enjoy the true convivence of this location with its close proximity to Wellington CBD for your daily stroll to and from work each day. Take pleasure in many of Wellington's best gyms, shops, cafes, restaurants and bars being closely nearby.

Not to mention Wellington's vibrant waterfront precinct that hosts many events all year round being only a stone's throw away.

The added bonus of affordable Body Corporate levies of $9,395.74 p.a. and building security for peace of mind are also present.

Your purchase comes furnished with European whiteware to further enhance standard of living and investment potential.

To secure this luxury dual key apartment a 10% deposit is required with the balance of the purchase price payable upon completion (approx. April-May 2021).

Being sold by way of asking price $879,000

To receive the information pack and or to arrange a viewing time to inspect the property please make contact today.

Spencer Petherick

Spencer Petherick


Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

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