new zealand, property investment, queenstown

NEW Listing !! Strong Cashflow Property

new zealand, property investment, wellington city
(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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