35 Hobson Street, City Centre
- This location has been autonomously mapped, it may not be exact.
35 Hobson Street, City Centre
SOLD
This Is Why....
It’s selling below construction cost……that’s cool.
It’s high stud and the building has a great history…..getting better. But this doesn’t mean anything if you’re not buying in a desirable location. This is MOST important with studios. Why because if you’re not buying into a quality building in a good location you’re not going to get quality tenants or have quality neighbours…….and so the values stop there. The location is one of the best but what makes it even better is the plans in motion by the council and the private sector are going to put this income machine on steroids.
The new Convention Centre….Wynyard Quarter…Fonterra Head Office….the list goes on. So get ready for….Long term tenancies. Low maintenance – i.e. professional tenants look after the place
Descent Jobs – i.e. higher rent, good people, fewer hassles. So quality tenants and neighbours we have established are a must which the Heritage complex attracts due to the location, character appeal, quality of the building…. And of course the rental effect of all those facilities.
So contact me to see this studio with a big future now and in the future…..and yes the earthquake rating is through the roof so no re-strengthening here.
Facts & Features
Title Type
Freehold
Rates
$1245.18
Rental Appraisal
$430-$450 /week
Estimated Net ROI
4.63%
Pets
No Pets
Sovannara Meak
Andrew Murray
Disclaimer: Apartment Specialist are often asked to give information as to the area or dimensions of properties, including rooms, decks and patios. Apartment Specialists sources such information from third party sources (for example Council records, building management records) and passes this on; unfortunately it is not uncommon for such information to be inaccurate. If exact and accurate sizes or dimensions is an important factor in your decision then you as Purchaser must make your own independent enquiry from your own chosen expert (for example a registered valuer).
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