Te Aro, Central

12930877

Finally, an opportunity has arisen to get into the Wellington CBD market at an accessible price level.

The Victoria at 120 Victoria Street is a superb location, by Gibbons Co, one of Wellingtons most respected developers and renowned wellington architects Designgroup Stapleton Elliott.

Overview:
-One and two bedroom apartments
-Priced from $595,000
-Sized from 50sqm to 72sqm.
-Freehold unit titles
-10% deposit – balance on completion
-Estimated completion – end of 2022
– Estimated body corporate fees of $3,513pa
-Refurbished building – 80% NBS
-Central Wellington location

– Dual key apartments
• Dual key apartments offer investors a higher yield. Buy two apartments on the title.
• 76sqm title – offering two x one bedroom apartments
• Two rental streams also diversifies your income – investors are less likely to have both vacant at the same time.
• Home buyers can also benefit – have someone else help pay your mortgage.

The result will be a stylish block of apartments providing much sought after accommodation in downtown Wellington. The CBD at your doorstep and access to public transport is effortless. You can walk to work or Uni and choose from a multitude of cafes and, eateries. Wellington’s beautiful waterfront, Cuba Street and the lively nightlife spots are all just a short stroll from your door. Easy access to supermarkets and a wide range of amenities.

Pick one of nine floors including penthouse apartments spread over two levels. Select the size that’s right for your needs. Choose from 50 sqm 1 bedroom units – all the way up to 78 sqm bedroom units including 2 bedroom corner apartments with floor to ceiling windows.

Designed to be low maintenance the apartments will feature hard wearing oak floors, and powder coated aluminium windows and doors. Energy efficient lighting and double glazed new windows will help keep your power bills down and acoustically rated inter-tenancy walls will provide you with peace and quiet.

The kitchens will be a joy to work in with stone bench tops, quality cabinetry, oak flooring and Fisher & Paykel appliances.

Why buy new
– Lower maintenance costs
– More easily healthy homes compliant
– Shorter bright line test for capital gains

The next steps
– Contact your Tommy’s agent, complete a sale and purchase agreement
– Your lawyer then has 7 working days to check over the paperwork
– When you confirm the agreement, the 10% deposit is payable
– The balance is paid on settlement