Newlands

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SOLD

Wellington
4
3
N/A
150sqm
311sqm
Wellington
Auction
Wednesday 4th March - 12:15PM
Harcourts Wellington City Office, 54-56 Cambridge Terrace, Wellington (not selling prior)
proudly marketed by
Team Wellington Ltd MREINZ
Quality Investment, Home And Income Or Large Family Home
Make no mistake, this is a remarkably rare opportunity in one of Wellington's most sought-after locations. A Mt Victoria offering that has to be one of the most attractive investment/development opportunities that we have seen in a long time. This property will appeal to a wide category of buyers as we have options for home and income, straight out investment, Air BnB or even converting into a single family home. Will this be you? It's located in a quiet street with east west aspect and is positioned distinctively for all day sun and is of course only a short walk to the myriad of attractions that the world's greatest little capital city has to offer. It's a three flat property with 1 x 2 bedroom flat and 2 x 1 bedroom flats all with their own private courtyard. The icing on the cake is a single garage which is as rare as hens teeth in Mt.Victoria. All three flats are tenanted and the returns are as follows: Flat 1 - 2 bedrooms rented for $550 per week Flat 2 - 1 bedroom rented for $430 per week Flat 3 - 1 bedroom rented for $450 per week The vendors have LIM and Builders report available for all prospective purchasers. The current owner with the admirable assistance of good tenants has kept maintenance and presentation to a high standard. With strong ongoing demand forecast for inner city rentals and the options to develop the high ceiling space, plus the first rate location, this is a special Wellington opportunity. There are strict viewings times so please call to arrange a private inspection if you can't make it to the open home. An outstanding opportunity in a very good part of the city. Make it yours. Call now. RV $1,200,000.00
Question
Upload by Grant Down
Wellington NZ
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