219 Willis Street, Te Aro

Portfolio Sale - 7 Studio Units

219 Willis Street, Te Aro, Wellington 6011

For Sale

Asking Price $140,000 inclusive of GST (if any)

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Listing Reference #4071 . Listed: 10 Feb 2025

Property Specs

  • Floor Area30 m2
  • Levels3+
  • TypeApartment
  • TitleUnit title
  • Year Built1970

Phone Number

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Seller's Description

All documents uploaded here - listed.co.nz/P4071

Portfolio liquidation sale presents a prime opportunity for investors or to capitalize on a range of 7 studio units , plus ground floor commercial space , being sold vacant possession , ideal for office space or storage space, 86 sqm floor area, presently used as a office/storage space, offered vacant possession.

Comprising : Units 1B,1C, 1F, 1H, 1J, 2B, 2F & G2

Asking price $140,000/apartment

Majority of units are leased with some pending lease commencement. Total gross revenue projection $184,000 pa

Features & Key Points :

• Fully Furnished throughout
• High Stud ceiling height
• Excellent natural light
• Brilliant proximity to CBD Massey university
• Built 1970s
• Double Glazed windows
• Ranging in size 28- 31 Sqm Floor areas
• Tidy condition , re-carpeted and painted.
• Body Corporate Levies include power, water rates, hot water, Sky TV, rubbish disposal

This is a low entry level price which gives traditional residential investors the opportunity to take advantage, and own high returning inner-city apartments. Rent appraisals ranging from $430pw to $470pw each.

Locality / Area

Located in the heart of the dining and entertainment district, offers immediate access to the CBD..

Other Details

Services
  • Water supplyCouncil
Property Condition
  • InteriorWell presented
  • ExteriorWell presented
Chattels

Included in the sale: Fixed Floor coverings. Window coverings. Light fittings. Hob/Cooktop. Shelving. Refrigerator. Curtains.

Tenancy Info

The property is currently tenanted and will be tenanted post sale.

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