22 Sussex St City

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Investment Apartments with High Returns

Steve Fejos Setting a New BENCHMARQUE in Real Estate

Units 1, 2 + 9 22 Sussex Street, Wellington City

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

Steve Fejos - Setting a New BENCHMARQUE in Real Estate

Investment Apartments with High Returns

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, WellingtonĂ­s 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.

Contact: M 0275 621 777 or A/H 475 5021 or E stevefejos@xtra.co.nz

Investment Apartments with High Returns

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.

Steve Fejos - Setting a New BENCHMARQUE in Real Estate

Investment Apartments with High Returns

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.

Contact: M 0275 621 777 or A/H 475 5021 or E stevefejos@xtra.co.nz

Investment Apartments with High Returns

Selection of bedroom images

Steve Fejos - Setting a New BENCHMARQUE in Real Estate

INVESTMENT APARTMENTS WITH HIGH RETURNS Investment Apartments with High Returns

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Contact: M 0275 621 777 or A/H 475 5021 or E stevefejos@xtra.co.nz

INVESTMENT APARTMENTS WITHwith HIGH RETURNS Investment Apartments High Returns

Indicative only Steve Fejos - Setting a New BENCHMARQUE in Real Estate

INVESTMENT APARTMENTS WITH HIGH RETURNS Investment 2 BEDROOM Apartments TOWNHOUSE with AND High APARTMENT Returns AT HIROPI VILLAGE

Title Unit 1 - 22 Sussex St

Contact: M 0275 621 777 or A/H 475 5021 or E stevefejos@xtra.co.nz

INVESTMENT Investment APARTMENTS Apartments WITHwith HIGH High RETURNS Returns

Title Unit 2 - 22 Sussex St

Steve Fejos - Setting a New BENCHMARQUE in Real Estate

Investment Apartments INVESTMENT APARTMENTS with High WITHReturns HIGH RETURNS

Title Unit 9 - 22 Sussex St

Contact: M 0275 621 777 or A/H 475 5021 or E stevefejos@xtra.co.nz

INVESTMENT Investment APARTMENTS Apartments WITHwith HIGH High RETURNS Returns

Property details

Unit 1 22 Sussex Street

Unit 2 22 Sussex Street

Rateable Value:

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

Capital Value: Value of Imp. Land Value

Certificate of Title: Rates:

WN55B/889 $1,408.29 (as at July 1 2009)

55B/890 $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 120m2

$332.11 per month Approximately 120m2

Floor Area:

Approximately

Building Age:

Built in 1990’s

Built in 1990’s

Heating:

Electric

Electric

$132,000 $178,000 $310,000

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.

Unit 9 22 Sussex Street

Rateable Value:

Capital Value: $116,000 Value of Imp. $179,000 Land Value $295,000

Further information: www.leaders.co.nz/43945 or www.open2view ID#216802 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: stevefejos@xtra.co.nz

Body Corporate Fees: $325.65 per month Floor Area: Approximately 120m2 Building Age: Built in 1970’s

DISCLAIMER: Steve Fejos and RE/MAX Leaders Real Estate 1987 Ltd

Heating:

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

Electric

Licensed under the REAA 2008 are not the source of information presented in this document. While we strive for accuracy, it is possible that the

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

Steve Fejos - Setting a New BENCHMARQUE in Real Estate

Investment Apartments with High Returns

Steve Fejos 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 stevefejos@xtra.co.nz Setting a New BENCHMARQUE in Real Estate Born in Wellington and educated at St Patrick’s College and

After more than 400 flights during his 3 years in his

Victoria University in Wellington Steve entered real estate in

corporate career Steve decided to resign and return to what

August 1993, having come from a background in property

he loves doing most - selling real estate in Wellington.

management. In January 1996 Steve was appointed Sales

Steve’s extensive experience in real estate spanning local,

Manager for Challenge Realty’s Oriental Bay Office. Within

national and international markets is a huge benefit to

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

his clients. This and his innovative and unique marketing

Challenge Realty Group. Steve went on to purchase three

techniques is Setting a New BENCHMARQUE in Wellington

Wellington offices in October 1997.

Real Estate.

Over the next seven years Steve was instrumental in

Awards received

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

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.

turning around the fortunes of Ray White and increasing

Testimonial

the number of sales people by over 40%.

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

Steve returned to New Zealand in November 2005 and

“Steve brings together a vast experience and understanding

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

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

New Zealand. The role was to assist broker owners and

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

top sales people at new and established RE/MAX offices

estate by establishing a very credible and strong company

to implement their business plans and maintain the

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

momentum of the fastest growing real estate company

the standards some offices are striving to attain to. However

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

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

2006 Steve attended a wide range of leading international

which is his outstanding strength.”

industry training seminars in Denver, Chicago and Brisbane. © Steve Fejos 2009 Contact: M 0275 621 777 or A/H 475 5021 or E stevefejos@xtra.co.nz