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304/170 Taranaki Street Wellington, Wellington

My owners are very happy — I've been sold!

0m2 land area

2 Bedrooms

2 Bathrooms

A Peak Investment

Dual key investment apartments in a modern building less than four years old. The purpose built building is a nine storey structure with retail units on the ground floor, mezzanine level offices and residential apartments above with six units per floor.

Apartment 304 has a one bedroom unit and a studio unit. The one bedroom rented at $390.00 per week, fixed until Feb 2017. The studio at $290.00 per week also fixed until July 2016.

The one bedroom unit comprises an open plan kitchen/dining/living area with a ranch-slider to a timber balcony. The kitchen area has a laminated bench top and cupboard joinery, electric hob and under bench oven, integrated rangehood, waste disposal and a refrigerator/freezer. The apartment includes a laundry cupboard with a combination washer/dryer. The double bedroom has a built in wardrobe and the bathroom has a shower cabinet, vanity, toilet, mirror and heated towel rail.

The studio apartment comprises a bed sitting/living area, being open to the kitchen and a separate bathroom. The apartment has a laminated bench top and cupboard joinery, a two ring ceramic hob and electric oven, integrated rangehood, waste disposal, microwave oven, refrigerator/freezer, dishwasher, combination washer/dryer, built in wardrobe, bathroom with vanity, mirror, toilet, shower cabinet and heated towel rail.

Fixtures and fittings are similar in both apartments and the studio unit also includes full furnishings by way of furniture, crockery and cutlery, electrical items and appliances.

The apartments are on the third floor, face east and receive good natural light and sun. The view is across Te Aro to Mount Victoria. Access to the building is secure via card access with audio intercom and automatic front door release from each apartment.

The property is centrally located on Taranaki Street, and is within comfortable walking distance of the Courtenay Place and the Cuba Street entertainment precincts, Te Papa, the Waterfront, the CBD, and both the Victoria and Massey University Campuses.

The dual apartment concept offers owners a range of investment possibilities. The one being that as a purely investment property one has access to two rental streams. As an owner occupier one also has the ability to live in one apartment and to let the other. The unit can also be rented as a single apartment. There are a variety of alternatives.

Unit 304, The Peak Apartments, 170 Taranaki Street, Te Aro, Wellington 6011

House Style
Dual Key Apartment
Double glazed Aluminium
Chattels Remaining

Asking price: $390,000