Listing #:1665035947

Investment Return Circa 4.6% - 5% Nett Per Annum

Location: 508/107 Thorndon Quay, Thorndon, Wellington­, Wellington
Rooms: 3 bedrooms, 2 bathrooms
Property type: Apartment
Floor area: 206m2
Price: Asking price $1,025,000
Parking: 2 car garaging
Blue Chip tenant takes occupation of this exceptional Penthouse Apartment in Stadium Gardens. The rental lease is for three years with two rights of renewal, 9 years inclusive.
Your passive income and investment for retirement or a change in lifestyle can now be realised. You take control and live the life you want. This apartment is situated in the Penthouse of Stadium Gardens. It offers a substantial floor plan covering 206m² with indoor/outdoor living from all three bedrooms as well as from the vast open-plan kitchen/dining/living room. The property is well appointed with modern chattels, fixtures and fittings. Recent improvements include new, quality carpeting and an interior repaint throughout the apartment. The feel is sophisticated, modern and enjoys attractive city and sea views, light and sun imbue this home plus there are two single carparks on a separate freehold titles. Full property management is in place for the apartment, as well as building management. This property is great value given size, location and investment return. Combined RV for the Apartment and the 2 car-parks $868,000 (2017/2018).

Agency reference #: WL24919
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Asking price: $1,025,000
508/107 Thorndon Quay, Thorndon, Wellington, Wellington
3 2
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Recent QV.co.nz sales information

  • $1,060,000 – 12E Hobson Street, Thorndon, Wellington
  • $950,000 – 4A/42 Molesworth Street, Thorndon, Wellington
  • $950,000 – 221/42 Molesworth Street, Thorndon, Wellington

The average value in Wellington in the last 3 months was $809,739. View more recent sales at QV.co.nz

Asking price: $1,025,000
Listed: Wed 13 Jun, 5:51 pm
Di Austin
Team Wellington Limited, (Licensed: REAA 2008)
  • Contact details
  •  (027) 4449569
  •  (04) 8031716

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Agent's details

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Di Austin
Team Wellington Limited, (Licensed: REAA 2008)
(04) 8015199
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Expires: Tue 12 Feb, 12:28 pm
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