8/20 Egmont Street, Wellington Central, Wellington

$500pw high-yield warehouse apartment

Returning $500 per week (approximately 11% gross yield), this character-filled warehouse apartment offers immediate income with flexibility for future owner-occupiers.

Spanning 90 sqm (more or less), the apartment showcases authentic Wellington character with exposed brick, wide timber floors, high ceilings and oversized industrial windows that flood the space with natural light.

The generous open-plan living area provides excellent scale and versatility, complemented by a well-appointed kitchen with substantial island bench space. A proven rental performer, the layout also lends itself to comfortable owner-occupier living or a stylish city base.
The current tenant is aware the property is on the market, providing buyers with flexibility to continue the tenancy or consider future occupation.

Tucked quietly off Egmont Street, yet moments from cafés, dining, universities and transport, this is a compelling opportunity in a tightly held building. Pet friendly.

Property information:
• Currently rented at $500.00 per week
• Body Corporate Levy: $4,783.92 pa
• Wellington City Council Rates: $2,104.74 pa
• Earthquake prone building - please contact agent for further information