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  • 3 beds
  • 2 baths

403/142 VIvian Street Te Aro

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Two Apartments - One Title - Many Options!

Configured as a separate two bedroom apartment with the bonus of a self-contained studio with its own entrance all on the same title. These inner-city apartments offer multiple options for astute purchasers to consider:

  • Live in the two bedroom and rent out the fully-furnished studio to help pay the mortgage or live in the studio and enjoy more income from the 2brm.

  • For those that work from home you could enjoy perfect separation by living in the two brm apartment and using the studio for work.

  • If your main home is out of Wellington and you travel here for work, entertainment/sporting events/visiting family, you could rent the two brm and enjoy the studio as your city pad instead of paying hotel rates.

  • Handy to Universities and located opposite Victoria Uni School of Architecture this is a great option if you are wanting to help out your university-age children.

  • Both apartments are currently rented on a periodic basis providing the option to owner occupy the apartment of your choice or keep it as two investment properties.

  • Rental appraisal $960 - $1,030/week.

Unit 403 - Two double bedrooms *Open plan kitchen/dining/living *Balcony *Furnished *Currently rented $600/week on a periodic basis

Unit 404 - Self-contained studio *Furnished *Rented to the Vendors friend there's potential to increase the rent, currently $300/week on a periodic basis

Duel on Vivian Apartments were completed in 2007 providing peace of mind in a fantastic location for those that want to enjoy the benefits of living in the city. A short walk to the waterfront, CBD, universities and a large choice of restaurants and cafes are close by.

This is a rare opportunity that offers multiple options and a convenient location!

Tender: 1pm, Thursday 27th January 2022

R.V. $740,000 (2021)

For a property summary info sheet please complete the email form

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