What a rare opportunity! A warehouse conversion apartment with raw industrial feel. Featuring a unique floor plan running the entire length of the building, with super high stud and large sky lights conveniently allowing great natural light flow.
Move in by summer as lease expires early 2017, or continue banking the rent, showing a 7% net return after body corporate and WCC rates. With proven near perfect occupancy history over the past 6 years of ownership, this is a real opportunity that should not be overlooked. Brilliant rental history and presently under lease, providing student and young professionals' accommodation. Abundance of afternoon sun streaming in west end windows into your living room. No strengthening issues, plus brilliant management history. With Massey University and the vibrant cosmopolitan bars and cafes of Cuba Street all less than a 10 minute stroll away, this is truly central city living at its most accessible.
Apartment features:
- 131 Sqm internal size
- Body Corp $3,572 pa
- Large double sized bedrooms
- Built in wardrobes
- Secure entry
- Large skylights throughout
- Whiteware included
- Renovation potential to add value
Asking Price $482,000 + GST, Including 1 secure car park.
or
Asking price $567,000 incl GST , including 1 secure car park.
Apartment RV $550,000
Car Park RV $33,000
Note: ( + GST if any ) applicable sale.
Enquire today with Chris for viewing times.