NEW Listing !! Strong Cashflow Property |
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| (click above image for a larger
view) Student apartment in Wellington |
Wellington is the capital of
New Zealand. It is the administrative centre and many of the country's
judicial and businesses are based there. It is also a creative and
vibrant city of learning. It is home to Te Papa (the National Museum),
bi-annual Festival of the Arts, as well as the film and special effects
studios that created the award winning Lord of the Rings Trilogy.
The Massey University Wellington Campus is in the city. It has an
enrolment of about 6,000 students. Due to the shortage of central
Wellington student accomodation, the university is committed to provide
its students with high quality and affordable accomodation.
An apartment has been listed. This 2-bed studio unit is well
tenanted and has been enjoying good rental yields. It is self-contained
and comes fully furnished with beds, desks, appliances, cutlery, ...
and more. There is no property management hassle as it is managed by
the Accomodation Services team of the Massey University. It secures
responsible student tenants for these apartments, collect rentals and
make regular property inspections.
It is not often that owners release a strong cashflow property in the
market. This is a property that the mathematics works out attractively
(click here for loan calculator).
• Strong
cashflow, returns of approx 7% p.a.*
• Centrally located, 5 minutes walk to Massey University,
Wellington Campus
• Managed by Massey University (no property management hassle)
• High quality, affordable accomodation for students
• Fully furnished with beds, desks, appliances, .... and others
• Approx 24 m2
• Recent Rating Valuation NZ$118,000
Listing Price (Negotiable): NZ$115,000 inclusive
of
Furnishing Package & inclusive GST(zero rated)
* Disclaimer: No warranty or representation is made in respect of
future rental revenue and expenses.
For more information on this property, contact us at:
The Flynz
Singapore
Email: NZProperty@whengoodthingsstart.com
Tel: +65-9070-6480
Below images of apartment do not represent the actual apartment unit.
Actual apartment layout is available upon request.
Click below images for a larger view
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Good Things Start Here !