Sold Aro Valley · Wellington Buyers Agency

Great Location For Student Rental

Aro Street, Aro Valley, Wellington

Deal won through Buyer’s Agency

We bought this one for a client.

Recently purchased through our Buyer’s Agency service, this purchase is a prime example of a smart investment acquisition.

This deal came together as we had received a request to sell a student rental, and we also had a client who had been looking for around 6 months to secure a specific type of rental for his daughter that needed a flat for her second year at Victoria University. After many visits to Wellington and putting unsuccessful offers on properties, he engaged us to find him the deal while he could avoid travel and rely on an expert to meet his specific price range and criteria.

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  • 4 Bedrooms
  • 1 Bathrooms
  • 354 Land area
  • Freehold Estate type

Description

This property is in a classic student area close to the university and will perfectly suit his daughter and 3 other flatmates. The rent from the flatmates will cover the mortgages, providing a solid investment that will ensure minimal costs while his daughter completes her degree and very likely will make great capital gains.

All done, off market, we ensured that all the builders reports were done and quotes received for all the renovation work before going unconditional. This process that we facilitated ensures our out-of-town buyer will have no surprises and secure a great investment that will likely appreciate over the next few years.

If you would like to discuss if our Buyer’s Agency is right for you, contact Peter today.

Property details

Bedrooms
4
Bathrooms
1
Floor area
90
Land area
354
Estate type
Freehold
Rates
$5,978.35