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Listed almost 8 years ago

ID#368129

Khandallah

Wellington North
BEO $1,675,000
4
1
Approx
673
(≈7,244.1 sq.ft.)
proudly marketed by
Joseph Lupi
Century 21 - First Choice Realty
Joseph
027 416 9725
Message Me

Goldi-locks Zone Investment - 8% Gross Yield

Positioned to enjoy the surplus cash flow that low interest rates yield and the capital gains that Wellington is enjoying, jump on the
Wellington property market escalator as we play catchup to the other main cities in Australasia. Why put your money in the bank
at 2% this is a perfect family trust type investment proposition, an excellent passive investment with a solid rental return.

* Split risk commercial/residential investment
* Top suburban growth location
* Solid tenancy history and long term lease in place
* Well constructed building
* Stable tenancy profiles
* Crunch the number's, this is a goody!

Commercial
Tenanted to Animates and run as veterinary hospital, cattery and animates retail shop.
Annual Rental : $103,773.91 (plus gst)
Term 3 Years: Renewal 2 x 3 years each - Commencement 1 April 2015 - Final Expiry 21 March, 2024

Residential
Large 160sqm 1970's house, expansive decking, 4 double bedrooms, large living area, elevated views, expansive windows with good sun/light
Annual Rental: $30,160 ($580pwk)

Total Rental: $133,933.91 Gross Per/Annum (excluding gst if any)

Rates: $11,703.71 per annum (combined)
Land Area: 673 sqm

Viewing Strictly By Appointment (residential photos unavailable)

Keywords

Property Type

  • Investment

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Agent

Joseph Lupi

Century 21 - First Choice Realty

Licensed Real Estate Agent (REA 2008), Member of the REINZ

This property was photographed by

Phil Armitage (W)

Wellington - Central, North and West, Photographer Franchisee

ID#368129

Khandallah

Wellington North
BEO $1,675,000
proudly marketed by
Joseph Lupi
Century 21 - First Choice Realty
Joseph
027 416 9725
Message Me

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