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Investment Option

Mt Cook, 9D/242 Taranaki Street

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Listing Number: JO23239
About this listing

SOLD - This listing was sold in June 2016.

The Cube in Taranaki Street is a well-established and professionally maintained accommodation residence in an eminently ideal location near to the university representing a reliable investment prospect.

This apartment is sold on the basis it is maintained within a long term management contract held by Massey University. They literally take care of everything including protecting your investment.

Here are the key attributes of this apartment:

- 3 bedrooms individually rented.
- east and northern aspects offers great natural light for the occupants.
- Efficient and well managed complex with meticulous inspection records.
- Regular inspections and exacting standards protect your investment.
- Hands off, simply reap the return.
Over the last 18 months the monthly return to the owner has been on average $1250 per month. The most recent payment the owner has received was $1548

This opportunity represents a fantastic opportunity to initiate or supplement your income through property investment.

RV: $230,000

Here is the link to access the relevant information for this unit:

Property Information
  • Tenure: Stratum in freehold
  • Property Type: Apartment
  • House style: Contemporary
  • Unit style: Highrise
  • Joinery: Aluminium
  • Insulation: Walls
  • Flooring: Vinyl and Carpet
  • Window coverings: Blinds
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove
  • Kitchen: Open plan and Finished in Laminate
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double
  • Bedroom 3: Double
  • Main bathroom: Separate shower
  • Laundry: In bathroom
  • Views: City
  • Aspect: North, West
  • Water heating: Electric
  • Sewerage: Mains
  • Locality: Close to shops, Close to transport, Close to schools

Contact Details

Property Location

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