MASSIVE PRICE REDUCTION! - Vendor Says Sell

Enquiries welcome from $585,000

What a fantastic Home or Investment! This 5 Bedroom Apartment is north facing and on the ground floor in this secure block in the Drummond Street Apartments.

Centrally located and handy to Massey & Victoria Universities, CBD, Newtown, Wellington Hospital. The apartment has sensible features such as timber (Lockwood-style) internal walls and is in decent condition with some owner improvements.

Features include:
- Five double bedrooms with wardrobes + Open plan kitchen / living + 1 Bathroom
- Vacant Possession - was rented for $1100 per week. Great rental track record.
- Rental Valuations range from $850 - 1000 per week. Massive Upside!
- Awesome central location, walkable to central city, universities
- Secure block / Ground Floor / Easy Access
- Private investment - not tied to the university
- Floor Area inc both 97m2 Body Corporate fees $962 pm
- Rateable Value $900,000. WCC Rates $4634 pa

The Drummond Street Apartments (low rise) were built in the early 2000's and have an NBS rating of 75%+.

Act quickly this opportunity will not last! Contact Harry to view and for an information pack.