22 sussex st city

Investment Apartments with High Returns

Steve Fejos - Setting a New BENCHMARQUE in Real Estate

Presented for sale by

Steve Fejos

Setting a New BENCHMARQUE in Real Estate

For further information refer to: www.leaders.co.nz/43945 or www.open2view ID#216802

Units 1, 2 + 922 Sussex Street,

Wellington City


Contact: M 0275 621 777 or A/H 475 5021 or E [email protected]

Introducing Units 1, 2 + 9 - 22 Susex St

Sussex Street, just next to the Basin Reserve, is a fantastic investment opportunity which offers three student apartments with a high yield with a captive tenancy with Massey University just a few minutes walk away. Each apartment has been rented for $650 per week during 2009. Buy one, two or three - this is an opportunity that you should not miss!

The apartments were specifically designed as student accommodation - located just a short walk to Massey University they are also close to the city, Wellingtonís Courtney Place, cafeterias and theatres, night clubs, bars and New World Chaffers Street. The apartments are located on the Basin Reserve and is therefore on the main bus routes.



Each apartment is well presented and has been well maintained throughout and has a combination of neutral colours and warm timber walls. Each apartment is completely furnished throughout with five separate double bedrooms with secure & private locks for every student. There is an open plan living area with lounge suite, dining table and five chairs and a fully equipped kitchen with stove, fridge freezer, pots & pans, plates & cutlery and even a toaster.

The Laundry facilities are accessible by all tenants, it is located on the ground floor of the main building and is operated as a communal laundry facility on a user pays system using coins. Apartments one & two are both a three level apartment, with ground, first and second floors while apartment nine is a single level apartment located on the first floor of the main building.

Apartment one & two have the entry level on the ground with the front door opening into the open plan living, dining and kitchen. On the first level at the top of the stairs is the bathroom and separate toilet. There are 2 double bedrooms also located on the first level and the three remaining bedrooms are on the upper level.

Each bedroom has a bed, writing desk, shelves, wardrobe, pin board, towel rail and electric heater. The apartment is entirely electric for heating and hot water and is operated on a prepay pin number electricity system.



The good sized bathroom has a standard white vanity with cupboards and drawers, and has an easy clean and serviceable floors, walls and shower.

There is only one cark park and this is located on the roadside in front of apartment one and is an auxiliary unit on the title of unit one. Apartments two and nine do not have a formal allocated carpark but the students operate an informal one car per apartment system on the wide common area leading up to the main entrance and doorways.

Apartment nine is located on the first floor of the main building and each bedroom looks onto the central courtyard and enjoys good all day sun with northerly views.

All three apartments enjoy the same fit out, presentation and chattels. Each apartment is being sold as a completely furnished unit and are just perfect for any student to simply move in needing just their bedding and their personal possessions.



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INVESTMENT APARTMENTS WITH HIGH RETURNS

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2 BEDROOM TOWNHOUSE AND APARTMENT AT HIROPI VILLAGEINVESTMENT APARTMENTS WITH HIGH RETURNS

Title Unit 1 - 22 Sussex St




Property details

Unit122SussexStreet Unit222SussexStreet

Rateable Value: Capital Value: $132,000 Capital Value: $132,000 Value of Imp. $178,000 Value of Imp. $178,000 Land Value $310,000 Land Value $310,000

Certificate of Title: WN55B/889 55B/890 Rates: $1,408.29 (as at July 1 2009) $1,408.29 (as at July 1 2009)

Legal Description: Unit 1 DP 88635 AUP1 Unit 2 DP 88635

Body Corporate Fees: $335.80 per month $332.11 per month

Floor Area: Approximately 120m2 Approximately 120m2

Building Age: Built in 1990’s Built in 1990’s

Heating: Electric Electric

Chattels (all): Fixed Floor Coverings, Light fittings, Drapes, Electric Oven & Rangehood, plus a full Furniture & Chattels list as sighted in Unit One, Unit Two and Unit Nine respectively.

Unit922SussexStreet

Rateable Value: Capital Value: $116,000 Further information: www.leaders.co.nz/43945 Value of Imp. $179,000 or www.open2view ID#216802 Land Value $295,000 For Sale as an Asking Price: Apartment 1 & 2 $310,000

Certificate of Title: WN55B/897 Apartment 9 $295,000. Contact the Exclusive Marketing

Rates: $1,351.49 (as at July 1 2009) Specialist Steve Fejos. Mobile 0275 621 777

Legal Description: Unit 9 DP 88635 After hours 475 5021 Email: [email protected]

Body Corporate Fees: $325.65 per month DISCLAIMER: Steve Fejos and RE/MAX Leaders Real Estate 1987 Ltd

Floor Area: Approximately 120m2 Licensed under the REAA 2008 are not the source of information presented

Building Age: Built in 1970’s in this document. While we strive for accuracy, it is possible that the

Heating: Electric information may contain errors or omissions. We disclaim any liability for any

such errors or omissions. Persons should verify all details for themselves.


Contact: M 0275 621 777 or A/H 475 5021 or E [email protected]© Steve Fejos 2009

Steve Fejos

Born in Wellington and educated at St Patrick’s College and

Victoria University in Wellington Steve entered real estate in

August 1993, having come from a background in property

management. In January 1996 Steve was appointed Sales

Manager for Challenge Realty’s Oriental Bay Office. Within

18 months Steve took the office into the top 10 in the

Challenge Realty Group. Steve went on to purchase three

Wellington offices in October 1997.

Over the next seven years Steve was instrumental in

growing the company from a sales team of 12 to a team

of 68 sales people with 4,000 house sales worth over 1.5

billion dollars!

Shortly after Steve sold the business he was approached

by Ray White Australia and asked to restructure their

international business model so as to increase their

competitiveness with RE/MAX. At the time over 300 sales

people, in Queensland alone, had left Ray White to join

RE/MAX. In the next few years Steve played a huge part in

turning around the fortunes of Ray White and increasing

the number of sales people by over 40%.

Steve returned to New Zealand in November 2005 and

took up the role of Director of Operations for RE/MAX

New Zealand. The role was to assist broker owners and

top sales people at new and established RE/MAX offices

to implement their business plans and maintain the

momentum of the fastest growing real estate company

- the RE/MAX brand, in New Zealand and Australia. In

2006 Steve attended a wide range of leading international

industry training seminars in Denver, Chicago and

Brisbane.

After more than 400 flights during his 3 years in his

corporate career Steve decided to resign and return to what

he loves doing most - selling real estate in Wellington.

Steve’s extensive experience in real estate spanning local,

national and international markets is a huge benefit to

his clients. This and his innovative and unique marketing

techniques is Setting a New BENCHMARQUE in Wellington

Real Estate.

Awards received

Under the LJ Hooker brand Steve was twice winner of the

National Franchise Owner of the Year Award 2000 and

2002.

Most Productive Team Award in 2001.

National Communications Award 2002.

Top 10 International Office for Gross Commission. 1999:

8th place, 2000: 5th place, 2001: 8th place, 2002: 7th

place, 2003: 10th place.

Testimonial

Gary Ahearn, Regional Director of RE/MAX Australasia says,

“Steve brings together a vast experience and understanding

of all facets of real estate. Having been very successful in

sales in the mid 1990’s Steve really made his mark on real

estate by establishing a very credible and strong company

under the L.J.Hooker brand. The standards he set are still

the standards some offices are striving to attain to. However

it is Steve’s ability to relate to all people in the community

which is his outstanding strength.”

Licensed Salesperson

RE/MAX Leaders Real Estate 1987 Ltd

Licensed under the REA Act 2008

M 0275 621 777 or A/H 475 5021

or email [email protected]

Setting a New BENCHMARQUE in Real Estate

22 sussex st city

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