Listed: Tue, 23 Dec

Hands off Investment - Ideal for busy people

1F/242 Taranaki Street, Mount Cook, Wellington, Wellington

Enquiries over $148,000

1 Bed
1 Bath
1 Living area
34m² Floor

Other Features

1 Separate toilet

Attribute	Value
Property type	Apartment
Capital value (CV)	$131,000
Parking	None
Agency reference	BDN35259
Broadband in the area	Fibre, ADSL, Satellite, VDSL, Wireless

This is an attractive, well-designed one-bedroom apartment featuring a practical open-plan layout and excellent natural lighting. The location is superb, situated on the main bus route and near local amenities, it is steps away from shops, cafes, and the local supermarket.

With moderate outgoings and a convenient location, this apartment is ideal for Investors seeking a hands off investment, The property is leased to Massey University, they look after the general maintenance of the apartment and the tenancy and payments.

At a Glance:

Body Corporate Levies: $4,211.69 per annum ($80.99 per week), Including Building Insurance.
Capital Value (RV): $131,000
Annual Rates: $969.98 (current to 30 June 2026)
Floor Area: 34m2 (approx.)
Communal laundry facilities
NBS Rating 60% To be reassessed (Earthquake strengthening work completed 2025)
Furniture included.
Legal Description: UNIT 1F DP 361399 1/86 SH AU90
Rent: $390/week X 45 Weeks

For more information , please contact me for a Property Information Pack.

Open home times

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