FREE APPRAISAL

04 801 8550

8 Kent Terrace, Mount Victoria

office@loweandco.nz

Mount Cook

City Fringe Flats - Right By Massey Uni

5
2
2
Mount Cook
Mount Cook
Mount Cook
Mount Cook
Mount Cook
Mount Cook
Mount Cook
Mount Cook
Mount Cook
Mount Cook
Mount Cook
Mount Cook
Mount Cook
Mount Cook
Mount Cook
Sold

OVERVIEW

If you are targeting students or young professional tenants, you don't get a much better location than this. With two income streams on a flat, easy care site, all within easy walking distance to everything, it is hard to imagine you will ever have trouble finding tenants here! There is no doubt this ain't the prettiest example on the market today, but who are you trying to impress... your mates, or your accountant / financial advisor?

Check out what's on offer...
- Upstairs: 3-bedroom flat rented for $720pw until 23 Nov 2025
- Downstairs: 2-bedroom flat rented for $470pw until 14 June 2026 (this has previously been rented as a 3-bed for $700pw)
- Total current rent of $1,190pw = $61,880pa (has previously achieved as high as $1,420pw = $73,840pa)
- Both flats have heat pumps
- Both flats Healthy Homes compliant
- Two income streams to minimise the risk of vacancy
- Plenty of upside in the rents, especially when the rental market recovers from current weakness
- Also tons of scope for adding value via simple cosmetic improvements
- RV $840,000
- Rates $5,978.35pa

This has been a great rental for my vendors, but their changing plans mean it's time to move it on. Come check it out at an open home, or contact Adam for more information.

NOTE: please do not enter the property outside open home times without an appointment.

Property Information

  • AddressMount Cook
  • Bedrooms5
  • Bathrooms2 Bathrooms
  • Family Room2
  • PriceBy Negotiation
  • RV$840,000
  • Listing IDLOWE7453
  • TypeHouse
  • Floor Area140 m2 more or less
  • Land Area129 m²

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