Unit for Sale

15/60 Rintoul Street Newtown, Wellington City 6021

Buyer Enquiry Over $360,000Play Video
  • 1 Bed
  • 1 Bath
  • 1 Car

Inspection details

  • Inspection:Sunday
    22July
    2:30pm - 3:00pm
  • Inspection:Sunday
    29July
    2:30pm - 3:00pm
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Unit for Sale in Newtown

Capital Cashflow - 9.3%

  • 1 Bed
  • 1 Bath
  • 1 Car
Listed By:
Ray White KhandallahLeaders Real Estate (1987) Limited Licensed (REAA 2008)

This property is targeted towards the astute investor seeking cash flow in the Capital.
A freshly renovated one bedroom apartment has been leased, fully furnished, for $520 per week. The property is accompanied by two 40sqm storage units that can be sold with a two year lease of $200 per week in place.

Added together, you get $720 per week which represents a nett return of 9.3% on the sale price.

The location and the benefit of an off street car park ensures you will never have any difficulty in finding a tenant.

With these recent changes, you will need to act fast to secure this unique opportunity.

Viewing by appointment only.

Body Corp levy: $240 per month
Rates: $858.46
*Storage units can be leased for 2 years at $200 per week.
*Apartment with car park rented for $520 per week.

Total rental income of $720 per week.

Property ID:

KHD20217

Building:

40m²

Parking:

One off street car park

Bedrooms:

1

Bathrooms:

1

Listed By:
Ray White KhandallahLeaders Real Estate (1987) Limited Licensed (REAA 2008)
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