1/27 Drummond Street, Mount Cook, Wellington

Listed: Tue, 16 May


4 BEDS     1 BATH    87m² FLOOR AREA    

Enquiries over $500,000

Property typeUnit
Rateable value (RV)$800,000
Property ID#IEG148
Agency referenceLOWE5393

This is a landlord’s dream: a four-bedroom, low-maintenance apartment in a sought-after location. Mum and Dad investors with university-aged children, this one is perfect for you! Give your children a guaranteed tenancy amid a perennial shortage of rental stock in the city!

Features include:

  • Four double-bedrooms in an easy-to-access ground-floor location
  • Sitting tenants include one who’s been there for over five years – which says all about the apartment’s desirability
  • Ideal location for tenants of all types because of proximity to university campuses, Wellington Regional Hospital, supermarket, bars and cafes, bus routes, and the CBD
  • Modern construction, warm and comfortable for tenants, and easy for you to look after
  • Convenience of a separate guest toilet
  • One of only six purpose-built apartments in a small block at the end of a quiet street on the cusp of the city
  • Healthy Homes Certificate
  • Current rental appraisal at $950 to $1,000 p/w

With Wellington rents continuing to skyrocket it won’t take long to do the sums on this one.