Listed: Wed, 17 Jun

Flexible Opportunity - Buy One or Buy Both

5 & 6/59 Cambridge Terrace, Te Aro, Wellington, Wellington

Enquiries over $100,000

3 Beds
2 Baths
160m² Floor

Attribute	Value
Property type	Apartment
Capital value (CV)	$680,000
Agency reference	T26585
Broadband in the area	Fibre, ADSL, Satellite, VDSL, Wireless

Apartments 5 and 6 For Sale.

A unique versatile opportunity to secure one or two well presented apartments in a highly convenient inner city location. Suitable for investors, owner occupiers, or those wanting to live in one apartment and rent the other for extra income.

The building is red stickered yet fully tenanted - full information pack available. Bank loans will not be possible on these apartments. There is currently insurance on the building via the body corporate.

Both apartments are well presented, are in good condition for tenants, and offer flexible use options.

Apartment 6/59 (160m2) - Spacious New York Loft Style - buyer enquiry welcome from $150,000 Annual body corporate levy $20,582.35 - Annual rates $4,181.10

A character-filled apartment offering generous space and flexibility.

Two bedrooms plus a large study or potential third bedroom
Huge open plan living area with polished wooden floors and plenty of natural light
Bar style kitchen, ideal for entertaining
Ensuite bathroom plus main bathroom
Dedicated private entrance

This apartment would suit an owner occupier seeking space and style, while also appealing to professional or executive tenants. The location is superb with all local amenities on your doorstep.

Apartment 5/59 (50m2) - Tidy, Income Producing Apartment - buyer enquiry welcome from $100,000 Annual body corporate levy $5,211.45 - Annual rates $2,762.07

A very tidy low maintenance one bedroom apartment with established rental income.

Currently tenanted at $420 per week
Tenant keen to remain
Well maintained and in good condition
Ideal as a rental, or to offset costs while living next door

Purchase Options

Buy one or buy both
Owner occupy one and rent the other, or invest in both
A flexible option suited to a range of buyers
Opportunities offering multiple use options, existing income, and a central location are increasingly rare. Remember the building is red stickered. Call us today to arrange a private viewing.

Open home times

No times scheduled

Property Files

Discover more about this property.

Request the files from Clare.

These property files are supplied by the agent and Trade Me Limited has no responsibility for the completeness or accuracy of the property files

Local Schools

IN ZONE mt cook school (wellington)
160 Tory Street
245 m
Full Primary (Primary & Intermediate), State, 290 enrolled
IN ZONE wellington east girls' college
Austin Street
634 m
Secondary (Year 9-13) (Secondary), State, 1016 enrolled
IN ZONE wellington high school and com ed centre
Taranaki Street
693 m
Secondary (Year 9-13) (Secondary), State, 1679 enrolled

IN ZONE wellington college
Dufferin Street
705 m
Secondary (Year 9-13) (Secondary), State, 1940 enrolled
IN ZONE st oran's college
550 High Street
15.3 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 507 enrolled
IN ZONE hutt international boys' school
Granville Street
27.6 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 655 enrolled
OUT OF ZONE clyde quay school
27 Elizabeth Street
281 m
Full Primary (Primary & Intermediate), State, 217 enrolled
UNZONED st mark's church school (mt victoria)
13 Dufferin Street
424 m
Full Primary (Primary & Intermediate), Private : Fully Registered, 185 enrolled
OUT OF ZONE te aro school
360 The Terrace
1.1 km
Full Primary (Primary & Intermediate), State, 201 enrolled
OUT OF ZONE newtown school
Mein Street
1.5 km
Contributing (Primary), State, 333 enrolled
UNZONED st annes school (newtown)
14 Daniell Street
1.6 km
Full Primary (Primary & Intermediate), State : Integrated, 213 enrolled
OUT OF ZONE hataitai school
Arawa Road
1.6 km
Full Primary (Primary & Intermediate), State, 206 enrolled
UNZONED st patrick's college (kilbirnie)
581 Evans Bay Parade
2.2 km
Secondary (Year 9-13) (Secondary), State : Integrated, 731 enrolled
OUT OF ZONE wellington girls' college
18 Pipitea Street
2.4 km
Secondary (Year 9-13) (Secondary), State, 1436 enrolled
UNZONED st mary's college (wellington)
15 Guildford Terrace
2.4 km
Secondary (Year 9-13) (Secondary), State : Integrated, 553 enrolled
UNZONED st catherines college (kilbirnie)
14 Upper Bourke Street
2.5 km
Secondary (Year 9-13) (Secondary), State : Integrated, 207 enrolled
UNZONED te aho o te kura pounamu
11 Portland Crescent
2.6 km
Correspondence (Primary, Intermediate & Secondary), State, 8733 enrolled

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.