Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Te Aro

8 Wigan Street, Te Aro, Te Aro, Wellington

Watchlist
Share
Sold
Slide 1 of 12
1 OF 12
407732_1.jpg
407732_2.jpg
407732_1.jpg
407732_2.jpg
407732_1.jpg
407732_2.jpg
1 Bedrooms
1 Bathrooms

Tender

73 Apartments Being Sold as One


This Award winning property provides opportunities for both investors, add value purchasers and those in the business of providing serviced accommodation either short or long term. \n\nJust completed, the property provides the highest standards of finish and offers a mix of furnished and unfurnished studio units each with their own balcony. \n\nAn in house property management and letting agency located in the ground floor commercial unit has established 98% occupancy. The apartments let are a mix of periodic and fixed tenancies, well suited to passive investors. \n\nAlternatively, the property could be adapted easily to provide short term serviced accommodation managed either by the existing property manager or by those who prefer a hands on approach. \n\nThe owner's foresight in unit titling each floor also opens the door to those who see value in selling down all or part of the property.

Tender

Level 14, The Bayleys Building, 36 Brandon Street, Wgtn

30

Sep

Time4pm
Calander
Calendar
James Higgie

James Higgie


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

Mark Walker


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

Johnny Curtis


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

Features

98% Occupied


Immediate returns for passive investors

Completed 2015


Meets 100% NBS with ongoing building warranties

Layered Unit Titles


Option to unit title individual apartments and sell down

Location


Heart of Te Aro ensures strong demand