Asking price - $250,000

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.

Part of the complex is earthquake-prone making this property perfect for the experienced investor or city-savvy buyer. Perfect as a teen's first pad, a bolt-hole in the city, or a convenient home while studying or working in Te Aro. Pet Friendly.

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 available.

Our owners have said we want this SOLD ASAP so make sure you don't miss this! Call for your private inspection.