Mt Cook Cash Cow
What a fantastic investment! A 5 bedroom purpose built student accommodation returning $51k p.a. that's set to be increased in February.
The property is perfectly positioned to capture students of Massey University Campus, Victoria School of Architecture and School of Medicine. Little wonder the owners have NEVER had a problem tenanting the rooms! The Te Awhina complex is very well managed by a Body Corporate full of talent with vision and although some future maintenance is required, this property is well priced to sell.
Do the sums or call to find out more. In these very interesting times this is one of the best opportunities to generate positive cashflow. Trust me I own one so act quickly and take advantage as this opportunity will not last!
Rates: $2,874 p.a.
BC Levies: $8,966 p.a.