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3A/49 Manners Street Te Aro, Wellington City

Sold for $360,000 on 21 Jan 2020
  • 2 Beds
  • 1 Bath
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3A/49 Manners Street, Te Aro, Wellington City

Apartment in Te Aro

Affordable Home OR Invest (Net yield 6.1% - 6.4%)

  • 2 Beds
  • 1 Bath
Listed By:
Ray White Wellington CityLeaders Real Estate City Limited Licensed (REAA 2008)

Best to contact me through email (phil.mac@raywhite.com)

Now here is a 2 bedroom apartment that surely meets your criteria whether you are an owner occupier or an investor. Why? It is light filled, sunny, north facing, views, prime location, each room has it's own external window (good for ventilation) and most importantly, the apartment is AFFORDABLE!

For investors, the apartment gets a net yield of approx. 6.1% - 6.4% (Base on 52 weeks). Surely this makes better investment sense than leaving your money in the bank with a low interest rate. The fact the apartment is located in the Heart of Wellington also means easier to rent out.

This well loved apartment is now ready for a change and needs a new owner to takecare of it. The owner has lived here for 21 years and although he will miss it, he has decided that it will be great for another owner to enjoy the benefits of 'Affordable' inner city living.

Information about the building:
- To purchase this property you will need to have a much larger deposit or more, OR the other option is using equity of an existing property as security to get finance (your parents or a relative maybe able to help you out, ask them)
- 42% NBS (Please refer to info pack provided)
- Wellington City Council states, "49 Manners Street is currently not earthquake-prone under the current policy" and the engineer's report states, "the building has not been compromised". (All this information is in the information pack).
- Body Corp Levy: $579.46 per month
- Council Rates: $971.58 per year

Don't miss out on this AFFORDABLE APARTMENT. Contact Phil Mac to register your interest.
E: phil.mac@raywhite.com, M: 0210576489

Features:
  • Close To Shops
  • Close To Transport
Property ID:

BDN23015

Building:

50m²

Bedrooms:

2

Bathrooms:

1

Listed By:
Ray White Wellington CityLeaders Real Estate City Limited Licensed (REAA 2008)