Positioned in the heart of Wellington's education precinct, 222 Willis
Street presents one of New Zealand's most significant Student
Accommodation investment opportunities. With 283 beds in 167
apartments, the property delivers secure cashflow, guaranteed
growth and offers investors exposure to the rapidly growing tertiary
accommodation sector. With international student numbers
continuing to recover and the supply of new PBSA remaining
constrained, 222 Willis Street represents a rare opportunity to
acquire a large-scale institutional-quality asset.
Key Features:
• 283-bed student accommodation facility
• Leased to Victoria University & Capital Fitness Ltd
• Net Rental Income: $2,777,303 per annum (+GST)
• Fixed annual rental increases of 2.75%pa
For sale by negotiation - for more information, contact the Sole Agents
