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$1,702,000
Vinay Kumar Harcourts Wellington City
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 builder's 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
Property ID: #WL25407
Office
Licensed under REAA 2008
Sold Property
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 builder's 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
Property ID: #WL25407
Vinay Kumar Harcourts Wellington City
Office Harcourts Wellington City Licensed under REAA 2008
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
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