Lowe & Co Realty
Real Estate Agents
- Listing #:
- LOWE7771
- Listed:
- 21 days ago
BEO $549,000 | Deadline Sale
INVESTMENT OR FIRST HOME + INCOME
903/111 Dixon Street, Te Aro, Wellington CityApartment
-
- 2 Bedrooms
-
- 2 Bathrooms
-
- 71m2 Floor Area
About this property
Investors and First Home Buyers - This one is for you!On offer is your opportunity to invest, hold and profit from this Dual-Key Delight.
Comprising a West-facing 1 Bedroom apartment, drenched in afternoon sunshine AND an East-facing Studio apartment positioned to capture the morning sunlight.
Apartments 903 and 903a, 111 Dixon Street, exemplify the flexibility and security that a Dual-Key Apartment can offer!
Their double income streams bring in a combined $50,440 in rent per year - there’s potential for you to yield approx 9% (gross) on your investment.
Perched on level 9, with clearance above the neighbouring buildings, 903/111 Dixon Street sits high above the busy City streets and enjoys unobstructed daylight and sunshine.
Thanks to their sought-after location, in the heart of the City, these apartments have been continuously tenanted since the Complex's completion in 2019.
Here, you have the opportunity to invest and hold both apartments as rentals or move into one of them and rent out the other.
About the Apartments themselves;
•Completed construction in 2019
•Modern, minimal design with concrete feature walls giving an industrial vibe
•Both apartments are fully self-contained with their own full kitchens, bathrooms and separate laundry
•The studio apartment maximises space with the ingenious use of a 'Murphy' fold-away bed (included in the sale)
•Double glazing keeps the apartments warm in Winter and quiet from the outside world
•Juliet Balconies facilitate air flow, keeping the apartments fresh in the Summer season
•Moderate Body Corporate Fees of $8,169.64 per annum
About the Tenancies:
•Apt 903 (1 Bed): $550pw in rent and on a Fixed-Term Lease until 26 April 2026
•Apt 903a (Studio): $420pw in rent and on a Fixed-Term Lease until 31 January 2026
Whether you're looking for an investment, a City Bolt-hole, a home for your Uni-Aged Child while they study, or maybe even your first home. Their brilliantly appointed City location and flexible living arrangements makes 903/111 Dixon Street an unmissable opportunity!
Contact Tia or Courtney today to secure your viewing or meet them at one of the Open Homes - We would love to show you around!
Offers are invited upwards of $549,000
Deadline sale (unless sold prior) closes 2pm, Thursday 11th December 2025 at 8 Kent Terrace, Wellington
Source of information: Property Guru, Nexus, Wellington City Council (non-verified).
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