VicCentral,
as the
name suggests, sits in the heart of Wellington.
It is located on The Terrace,
one of Wellington's most expensive and sought after
real estate addresses.
The
ten-storey freehold development in the commercial heart
of the thriving capital city is well within walking
distance to Victoria University's major campuses, cafes,
shops and theatres. The self-contained, ready to move-in
apartments are fitted out with security
card access, sprinkler, resident manager, laundry facilities
on each floor, common areas and even a covered outdoor
BBQ patio.
VicCentral is a hassle-free investment. The apartments
are fully managed and there is secured gross rental
up to 31 December 2008. The monthly rental will be credited
directly to your bank account. EdPAC VicCentral, a specialist
student accomodation provider will take a 17 year lease
over the property. It has also entered in an accomodation
agreement with Victoria University. With student enrolment
at 18,158 in 2003 and 1,950 student beds currently available,
there will be a ready long-term demand for VicCentral.
With
its excellent location and strong rental demand, VicCentral
proves to be an astute investment opportunity not to
be missed.
VicCentral
Wellington, New Zealand
Hunter House,
Victoria University
Wellington, New Zealand