Lowe & Co Realty
Real Estate Agents
- Listing #:
- LOWE5353
- Listed:
- 592 days ago
BEO $350,000
BEO $350,000 & 12.2% RETURN
22/60 Courtenay Place, Te Aro, WellingtonApartment
-
- 3 Bedrooms
-
- 2 Bathrooms
-
- 1 Ensuite
-
- 90m2 Floor Area
About this property
Here's a fantastic opportunity for professionals, first-home buyers or investors seeking an easy-care inner-city apartment that combines 90sqm, three double-bedrooms and spacious living in an unbeatable location to enjoy the vibrancy of Courtenay Place's bars and eateries and convenience. Features include:- Three double-bedrooms with built-in wardrobes, bonus of two bathrooms, including ensuite for the master bedroom
- Spacious open-plan living/dining and even a well-appointed kitchen for those rare times when you're not sampling the cuisine and culture on your doorstep
- Plenty of rooms for flatmates to help pay the body corp levies and mortgage, to accommodate guests or to work from home
- Indoor-outdoor flow to a sheltered, covered, private courtyard: there may not be a view but the convenience is amazing
- Nicely presented with decorative scotia in the living/dining areas and bedrooms and a skylight in the bathroom for great natural light
- Just metres from the cosmopolitan colour and buzzy nightlife of Courtenay Place, and a short stroll to amenities including supermarkets and Moore Wilson's, Oriental Bay and Mount Victoria's walkways
- Body corporate levies (including insurance) reducing in June to $8,546.16 - old body corporate levy $19,839.77 per annum and currently rented for $820 per week, or $42,640 per year fixed until January 2024 - either take over the tenancy or future proof with a longer settlement
- 12.2% gross yield on current rental income - better return than having your savings dormant. 35% NBS and not earthquake prone, under Wellington City Council regulations - cash offers - no natural disaster insurance cover
- Stratum in freehold NOT company share or leasehold!
- Buyer Enquiry Over $350,000
The owners bought in 2009 as their first home and instructions are clear - SELL! ... If you want to capitalise on an appealing entry price into the property market and live in the hub of Wellington's entertainment district, this apartment is priced to SELL! so don't miss out and call our friendly team, Emma & Mitchell, to arrange a viewing.
^Access is via the Tory Street gate, opposite Dragons
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