BEO $295,000

This two double bedroom apartment with a secure carpark is currently rented at $670 per week on a fixed term til August 2026 and the tenants would love to stay longer than that! And why not - this is a large 80 m² (source: Property Guru) apartment over two floors with a modern kitchen and bathroom and comes with a dedicated carpark. Right on the fringe of Cuba St and in a well-run small complex of just 15 apartments, it's light, sunny and quiet. The body corp fee is just $987.15/month (maintenance and insurance included) and a full re-roof is about to commence early next year, but our current owners have already squared their contribution away! So nothing for you as a new owner to do but take over the tenancy and enjoy the $34,840 per annum income (based on current tenancy) and the 10%+ yield from your investment.

LIM ordered.

Our owners have said we want this SOLD by Christmas so make sure you are in the auction room! Call for your private inspection or see you at the open homes.

AUCTION: Friday 19th December 2025 at 2.00pm, Harcourts Wellington City office, 57 Vivian Street, Te Aro (unless brought forward)