8% Yield on The Terrace
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322A The Terrace, Te Aro, Wellington 8 Beds 3 Bath 180m2
322A The Terrace
Exceptional Investment - $1,325,000
This property has not had a single unrented day in 10 years! This is a high demand area close to the city and university. The landlord can get a free car park as well.
This outstanding investment property offers 8 bedrooms and 3 bathrooms, generating a healthy $2,040 rent per week. At an annual rental income of $106,800, with an impressive 8% gross yield, this blue chip address is a rare find in the current market.
Already rented until February 2026, this is an easy investment. No renovations required and great cashflow coming in every week.
Key features:
This property promises both immediate rental income and long-term capital growth. Don't miss out on this lucrative opportunity! Contact me today to arrange a viewing.