Features
- Home & Income
- Self-Contained Flat
- 2 Living areas
- Off-street parking
- Find a Property
- Residential
- Commercial
- Farm/Ag
- Rentals
ID#375886
Mt Victoria
Wellington Central
Tender
6
3
Approx
190m²
(≈2,045.14 sq.ft.)
Approx
254m²
(≈2,734.03 sq.ft.)
proudly marketed by
Adam Cockburn
Lowe & Co Realty
Mt Vic Goldmine - 3 Renovated Flats
Ka-ching! Ka-ching! Ka-ching!
That's the sounds of three streams of Mt Vic rental income dropping into your bank account each week.
* LOCATION: second to none, on the fringe of the city, set among character homes, this has "blue chip" written all over it.
* RECENTLY RE-BUILT: a full renovation programme has just been completed, brand new fit-out, re-wiring, re-plumbing, new drainage, LED lighting, largely insulated... the works!
* 3 INCOME STREAMS: diversity of income reduces the risk in the unlikely event that one is ever empty.
* CORNER SITE: looking to the north and west, this property gets great sun.
* MARKET APPRAISAL UP TO $1,650pw rent: surely better than money in the bank?
* HIGH GROWTH: in a neighbourhood renown for strong capital growth, your balance sheet will be set to keep growing into the future.
Further Details:
* 2015 RV $1,000,000
* Rates $5,287.64pa
* Good quality kitchens with recycled timber benches
* Large bathrooms
* Single car space
* EQC strengthened
* Flat A: 2-bed, rented for $500pw until 03 Feb 2017 (appraised rent $500-540pw)
* Flat B: 2-bed, rented for $500pw until March 2017 (appraised rent $530-570pw)
* Flat C: 2-bed, currently vacant (appraised rent $500-540pw)
* Total Market Rent Appraised at $1,530 - $1,650pw
Seriously, does it come any better than this? A full info pack is available once you have viewed the property.
For Sale by TENDER (no offers prior):
* Closes 1:00pm, Thursday 15th September 2016
* At Lowe&Co, 8 Kent Tce, Wellington
This will be the cornerstone of your portfolio for years to come. Check it out on Sunday and be ready to own it on tender day!
Keywords
Property Type
- Investment
- Character
Agent
Adam Cockburn
Lowe & Co Realty
Licensed Real Estate Salesperson (REAA 2008), Member of the 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.
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