Property Details

Price:  By Negotiation
CV:  $1,470,000
Estimated Value:  $1,600,000 
Equity:  $320,000 (Potential)
Gross Yield:  8.0%
Floor Area:  200m2
Bedrooms:  4
Bathrooms:  2


Full information pack available upon request.

​Viewing by appointment​
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Shane Carruthers
M: 021 182 6547
P: 09 215 6202
​E: [email protected]


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Location, Equity and Cashflow.

4 BEDROOM 200M2 APARTMENT - Excellently Located on THE TERRACE close to amenities and in the CBD

• Beautiful Character Building on The Terrace
• Only 2 Apartments in building, floor each
• Whole Floor
• 4 Bedroom, 2 Bathrooms - could be converted to 6 bedrooms to increase rental income
• Potential Equity of $450,000
• Close to the University - very sought after location by tenants
• Currently returning over $42,640 per annum in rental return. 
• Rental could be increased to $1,650-$1,800pw ($85,800 - $93,600pa) by adding 2 more bedrooms.

To find out more, please give me a call today to make an appointment to view.

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