Masina - Home & Income Opportunity
Discover Apartment 312 at Masina Apartments, a modern, architecturally designed property in the heart of Newtown. Completed in 2013 and situated at the corner of Riddiford and Hall Streets, this dual-key apartment offers a rare combination of style, functionality, and versatility.
This property features a spacious one-bedroom apartment alongside a self-contained studio (312A) with a separate entry. Designed by the renowned Novak and Middleton, it's perfect for an owner-occupier seeking additional income or an investor looking for a high-performing dual-income asset.
The Masina complex is known for its striking design, excellent safety and security features, and a focus on privacy. Inside, the apartments showcase quality finishes, generous living spaces, and plenty of natural light, creating a warm and inviting urban retreat.
Located in the vibrant Newtown community, this property is opposite Wellington Regional Hospital and surrounded by cafes, shops, and transport options. A short drive to the CBD, making it an ideal location for professionals and students alike.
Key Features:
- Dual-Key Layout: One-bedroom apartment + fully self-contained studio
- Built to Last: Constructed in 2013 to 150% of current earthquake code standards
- Premium Design: Double-glazed, fully insulated, and architecturally crafted by Novak and Middleton
- Excellent Returns: Currently rented at $540 (1-bed) + $360 (studio) per week, totaling $900 per week
- Unbeatable Location: Opposite the hospital, close to cafes, shopping, and just minutes to the CBD
Properties in this tightly held complex are rarely available. Whether you're looking to live and earn or expand your investment portfolio, Apartment 312 is a must-see. Call Chris on 021870087 or come to the next scheduled open home.
Deadline sale (unless sold prior closes) 1pm, Friday 7th February 2025 at 8 Kent Terrace, Wellington