The Verge Apartments - Mount Wellington

Description

Verge consists of two bedroom apartments with beautifully crafted kitchens and intelligent spatial design. Each apartment boasts utmost privacy while also providing exceptional outlooks north, east and west of the apartments.

The apartments all feature +8m2 recessed, sheltered balconies providing views, amenity and privacy and comes with options like onsite car park & furniture packages.

The exterior features a combination of painted concrete panels, fully double-glazed curtain walls and metal cladding; all framed in an extruding concrete frame.

Mount Wellington’s population has grown by 13.5%* in the last 10 years. Currently over 16,000 people reside in Mount Wellington. By 2040 Mount Wellington’s population is forecasted to grow to 25,000*.

In the last 10 years, Mount Wellington has averaged a capital gains growth of 9.0% P.A*.

Scattered throughout the growing business district of Mount Wellington are a range of employment hubs including Coca-Cola Amatil, BMW Group and the area’s latest addition, No.1 Sylvia Park. Housing tenants like ANZ and IAG, the tower adds to Mount Wellington’s rapidly growing rental demand, making Verge Apartments a stunning investment opportunity.

Together with the increase in employment hubs and forecasted population growth, The Verge Apartments offers a great investment opportunity.

So be quick and contact today to secure this opportunity with only 10% deposit.

*Source - CBRE 2018

PROPERTY DETAILS
  • Estate type:
  • Rental status:
  • Rental appraisal:Apartment: $600 - $650 p/w
    Car Park - $50 - $70 p/w
    Total - $650 - $720 p/w
    TBC in writing
  • Floor area: From 61m2 + 8m2
  • Land area: 
  • Bedrooms: 2
  • Bathrooms: 1
  • Car parking: 1 (optional add-on)
  • Rates:
  • Body corporate fee: From $3,004.59 p.a.
AMENITIES

• 5 mins drive to Sylvia Park (offering over 200 retailers, numerous dining and hospitality galore)

• 5 mins drive to Otahuhu & Sylvia Park transport stations

• 5 mins drive to SH1 motorway connectivity

• Only 12 Kilometres to Auckland CBD

• Mount Richmond Domain and Hamlin Park

LOCATION
  • From $639,000
  • Gross yield: Potential up to 5.5%
  • Rental appraisal: Apartment: $600 - $650 p/w Car Park - $50 - $70 p/w Total - $650 - $720 p/w TBC in writing
  • Annual rates:
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ABOUT THE AGENT

Kunal Mehta

Property Investment Specialist