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Te Aro

38 Webb Street, Te Aro, Te Aro, Wellington

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231sqm Land area SQM
420sqm Floor area

Private Treaty

Investment With Great Cashflow


This 3 flat property is home to 16 students, who pay an average of $164 per week on a 12 month term, giving the Landlord a gross return of over $130,000 per annum.\nIf you're looking for an investment with a strong cashflow - this is it!\n\nThe location is ideal, just 50m to Cuba Street in the heart of the Cuba Precinct, the area is favoured by not only students but also young professionals.

Level 14, The Bayleys Buildings, 36 Brandon Street, Wellington

3

Dec

Time12am
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Mark Walker

Mark Walker


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

James Higgie


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

Features

3 Flats - 16 Rooms:


At an average of $164 per week

Annual Leases:


Leases run February to February for ease of management

Great Loaction:


Just 100m to Cuba Street

Secured tenancy:


Locked & loaded for 2015, tenants have been secured for next year