sold
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1 of 20
Sold Property
$1,455,000
This 2-flat property offers what is unquestionably a rare investment and development opportunity in a prime inner-city location with harbour views, all-day sun and the possibility of future development.
Consisting of two 3-bedroom flats, this property currently returns $1400 - $72,800 per annum. Combine the purchase of this excellent investment with 71 Nairn Street (its neighbour to the rear) to create a sought-after development site, particularly if changes under the Wellington City Council draft spatial plan go ahead.
Both properties are offered by Tender individually or together. A combined gross return of $165,100 per annum offers a very attractive holding income for any investor. Only two owners in the past 50 years is an indication of excellent tenure. Call now and book your viewing appointment with the exclusive marketing sales team:
Property ID: #WL25599
Office
Licensed under REAA 2008
Sold Property
This 2-flat property offers what is unquestionably a rare investment and development opportunity in a prime inner-city location with harbour views, all-day sun and the possibility of future development.
Consisting of two 3-bedroom flats, this property currently returns $1400 - $72,800 per annum. Combine the purchase of this excellent investment with 71 Nairn Street (its neighbour to the rear) to create a sought-after development site, particularly if changes under the Wellington City Council draft spatial plan go ahead.
Both properties are offered by Tender individually or together. A combined gross return of $165,100 per annum offers a very attractive holding income for any investor. Only two owners in the past 50 years is an indication of excellent tenure. Call now and book your viewing appointment with the exclusive marketing sales team:
Property ID: #WL25599
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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