Sign up
ID#250674

Hataitai

Wellington East
Tender
5
2
175
(1,883.68 sq.ft.)
417
(4,488.55 sq.ft.)
proudly marketed by
Adam Cockburn
Lowe & Co Realty
Adam
+64 (0)21 409 637
Message Me

HATAITAI - CHARACTER HOME & INCOME OR INVESTMENT

Do you demand traditional real estate, built using tried and true construction methods?

Are you looking for a superior location with fantastic views?

Do you want a solid home in a great neighbourhood, something with a twist, where you can add your own touches and have a large chunk of your mortgage paid for by the flat downstairs?

This wonderful property demands your attention NOW!!

Check out everything that is on offer:

ORIGINAL HOUSE UPSTAIRS:
* 3 bedroom home (or 2 bedrooms with 2 living rooms) with character features largely intact
* Very tidy as is, but it would respond beautifully to renovations when your budget permits
* Open plan kitchen / living with access to generous deck and fantastic sea views
* Excellent morning and day-time sun
* Potential for drive-on parking (subject to council consent)
* Near new roof and recently painted
* Potential for additional landscaping improvements to create further outdoor living
* Ideal as a home
* Would rent for circa $480pw (TBC)

SELF-CONTAINED FLAT DOWNSTAIRS:
* Built from scratch circa 10 years ago
* All double glazed & insulated - nice and warm!
* All in excellent condition
* Good flow onto generous deck with fantastic sea views
* Sea views and access to deck from every room - living room and both bedrooms
* Currently rented for $340 on a periodic tenancy
* Market rent circa $360-380pw (TBC)

INVESTORS:
This is a fantastic combination of brilliantly located, double income, well maintained, traditional free-standing real estate. You will attract good quality tenants due to the character, condition and views, and enjoy sound capital growth from good quality real estate.

HOME BUYERS:
If you thought you could not afford to buy in a superior location with great views, THINK AGAIN! The current rent of $340pw from the downstairs flat, will pay the interest on $272,000 of your mortgage, assuming interest of 6.5%. This makes this home VERY affordable indeed! Why spend $350k - $400k and get a very ordinary home in an inferior location, that you will want to move out of in a few short years, when you can buy an attractive house in a very desirable location with stunning views, that you can hold as a long term investment for your retirement fund???

Properties meeting all these characteristics are presented rarely, so view immediately to avoid disappointment!

Keywords

Features

  • Home & Income
  • Self-Contained Flat
  • 2 Living areas

Property Type

  • Investment
  • Character

Location

  • Sea views

Ask a question about this property

Please leave this field blank:
NAME
EMAIL
MESSAGE

Agent

Adam Cockburn

Lowe & Co Realty

Vendedor Inmobiliario con Licencia (REAA 2008), Miembro de REINZ.

Hi, my name is Adam.

I love Wellington real estate! I caught the bug after reading a Dolf De Roos book in 1998, and bought my first property in Adam's Terrace, Aro Valley, just before I headed off to London for a number of years. I kept buying property, mainly in London and Auckland, whilst living in the UK, returned back to Wellington in 2005, and have been selling Wellington real estate since 2007. Having started out in sales during the biggest recession since the 1930s, this means that I have had to develop good habits from the start, to make sure I deliver the best service, and achieve the best results, for my clients when they want to sell their Wellington real estate.

I have lived in many different neighbourhoods, including Wadestown, Kelburn, Ngaio, Thorndon, Highbury, Rongotai, Miramar and Seatoun. Wellington is a great city and we should be proud of it. It is vibrant and alive, it is the cultural and coffee capital of the country, it is beautiful whilst also being an easy city to live in, due to it's compact nature.

So if you are looking to buy or sell Wellington real estate, give me a call. I will follow up every lead and turn over every stone, to make sure we achieve the best results possible together.

I look forward to working with you.

read more

This property was photographed by

David Garratt

Wellington Central/North

ID#250674

Hataitai

Wellington East
Tender
proudly marketed by
Adam Cockburn
Lowe & Co Realty
Adam
+64 (0)21 409 637
Message Me

Leave a message for David Garratt

Please leave this field blank:
I Would like to
NAME
EMAIL
YOUR AGENT'S NAME
PHONE
MESSAGE
SALE ORDER