Investment with Income, Views and Potential

Sold
  • Property Type:
  • Beds: 5
  • Baths: 2
  • Floor Space (M²): 170
  • Lot Size (M²): 581
  • Rates: $2303.09
  • Ref #: BDN52674

Location Map

Loan CalculatorMortgage Calculator
Mortgage CalculatorLoan Calculator
$
%
years
%
$ per year
$ per year
%

SOLD

Wadestown, Wellington

Contact me today for Your Free Market Appraisal

After approximately 26 years of enjoying an annual income stream the owners have now decided to sell their investment. This two flat property with car parking offers something astute investors are seeking; the scope to improve, modernize and add value.
Positioned on an elevated site to capture the most breath taking harbour views and a city close location that attracts tenants! The upper level flat is configured into four bedrooms with open plan living and the lower flat has one bedroom and a study.
The top flat tenancy is fixed until January 2017 and the bottom flat tenancy is fixed until August 2016. Total current rental income is $890.00 per week. With fixed tenants, the potential to improve and add value, the views, drive on and the location all add up to a fantastic opportunity for a smart investor to secure an asset with future growth potential. This is your chance to own this two flat property in this highly sought after city fringe area. Call today to arrange a viewing! RV $525,000

 

Complete Photo Tour at: www.nz.open2view.com/tour/photo/367472/1
For Viewing email: halina@wellingtonresidential.co.nz  or call 021 22 63 917
Like us at: www.facebook.com/Halina.Sells.Houses

Address:Wadestown
City:Wellington
Year Built:1920-29
Floor size (m2):170
Lot size (m2):581
Rates:$2303.09
Legal DescriptionLOT 3 DP 61341 - INT IN ROW DP 54803 - 21.5 M2 SHARED SUBSOIL ANCHORS, RETAINING WALLS, NIB WALL & S
Bedrooms:5
Bathrooms:2
Rent:$890.00 p/w
Access:Drive on
View:Harbour Views
Parking:Onsite Car-park

Request a Showing