12C 120 The Terrace Wellington Central, Wellington City

This lovely 2 bedroom, 50sqm, west-facing central city apartment is leased to a serviced apartment company which does everything for you, so you don't have to worry about vacancy rates and managing tenants. Sit back and watch $1,906 fall into your bank account each month, guaranteed.

The lease has a final expiry date of October 2033 (with rights of renewal in 2023 and 2028). Once it has expired you are able to rent it out privately or live in it yourself - great option for children that will be studying by then or your own city pad. Alternatively you could sell and benefit from the potential capital gain.

Start your superannuation fund here!

Body Corporate Levy: $6,347.48
Rates: $4,224.98