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Stamp yourself on Wellington's history by owning a unique apartment in one of Wellington's best-known buildings.
The wedge-shaped Ashleigh Court building is the architectural keystone of Newtown. Unit 10 is on the first floor and is one of just 4 residential apartments in the building, and situated above the commercial premises on the ground floor. There are three gigantic bedrooms, any one of which could double as a second living area. Each bedroom has a Juliette balcony overlooking Riddiford St.
Creative use of engineered wood panels has produced a beautiful and distinctive theme throughout the kitchen, lounge and bathroom areas. Here we have a home for people who appreciate history and heritage combined with unique spaces and styling.
The building has a Category 1 listing on the New Zealand Heritage List.
https://www.heritage.org.nz/the-list/details/1335 This has enabled the building's owners to obtain funding for heritage restoration and strengthening work. As a result, the building is scheduled to complete its strengthening program in 5 months time and will then have an NBS rating of 67%. The building is NOT earthquake-prone.
For those with an investment in mind, the apartment has recently rented for $950 per week, which represents a 6.6% gross return on the asking price. When outgoings are taken into account we show a net return of 4.9% pa. Combine that with future capital gain and you have an exceptional result for a Wellington residential property.
If you like the convenience and lively style of Newtown you'll love being one of the privileged owners of Ashleigh Court.
Dining
Dining is integrated into the kitchen area.
Kitchen
Engineered wood panelling has been used to create a beautiful, durable and unique style in the kitchen. Revel in the feel of real wooden benches as they soften the space and evoke a sense of warmth.
Bedrooms
All 3 bedrooms are enormous! At roughly 5m x 4.3 m you'll appreciate the grand scale of each room.
Bathrooms
What a showpiece of a bathroom. You'll be showing it off to all of your visitors.
"Twin basins, shower and bath" does not capture the appeal of the woodwork that makes this room special.
Laundry
Integrated into the kitchen area.
Garage
Who needs a garage when you're this close to the action?
Outdoors
The Newtown street scene is your great outdoors.
Rateable Value
$420,000
Rates: $1,650.35
Living Area
One living area or two? It depends on your need for bedrooms. As each of the bedrooms is approximately 5m x 4.3m any one of them could double as a second living room.
Chattels
Dishwasher, Electric hob, Electric oven, Fixed floor coverings, Light fittings, Letterbox, Rangehood, TV aerial, Window treatments
Legal Description
Legal Estate: Stratum in Freehold
Lot: 10
DP 88534
CT: WN59A/989
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