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Mt Cook

14/5 Hopper Street , Mt Cook, Wellington

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3 Bedrooms
1 Bathrooms
1 Parking

University Accommodation


Here on offer a brilliant split level three bedroom apartment, either buy to add value or use as great cash flow vehicle. Featuring pen plan kitchen dining and living. All bedrooms are double sized , two downstairs plus bathroom, and master bedroom with separate W/C upstairs. Brilliant natural light with three skylights and large west facing windows.

Also an opportunity to buy one of 6 basement car parks on separate title.

- 98 Square meter internal size.
- Annual Body corp $3,572
- Annual Rates $1,756
- Excellent storage cupboards
- Secure pin entry
- White ware included

Popular among yield seeking investors, 1st home buyers, or parents looking to secure accommodation whilst children graduate at University, whilst generating profit.

Greatly suited to either an investor providing a 7% net return, after body corp and rates. Or entry level as prime first home option. lease expires 31st January 2017. Only a five minutes stroll to Cuba, Massey University and public transport.

Asking $369,000 + ( GST IF ANY )

View by appointment.

Asking Price NZ$369,000
Chris Barnes

Chris Barnes


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

Features

Garaging


Basement Car Parks

Investment


Opportunity to invest

Location


Massey University

Outlook


West