Features
- Home & Income
- Self-Contained Flat
- 2 Living areas
- Air Conditioning
- Find a Property
- Residential
- Commercial
- Farm/Ag
- Rentals
ID#389104
Aro Valley
Wellington Central
Tender
6
2
Approx
170m²
(≈1,829.86 sq.ft.)
Approx
434m²
(≈4,671.53 sq.ft.)
proudly marketed by
CITY FRINGE HOME & INCOME - $1,390pw RENT
Is this the perfect investment property? Enjoying a city fringe location, great views, two incomes, plus a massive $1,390pw in rent... If it isn't perfect, we reckon this free-standing home & income is pretty damn good!
• Upstairs home: 4 beds - 1bathroom - huge separate lounge - rented for $840pw until 28 Jan 2018 (possible potential to add bedroom & bathroom for even more rent)
• Downstairs flat: 2 beds - large lounge used as a third bedroom - 1 bathroom - separate kitchen - rented for $550pw until 28 Jan 2018
• That's a massive $1,390pw (over $72,000pa!) in current rents
• Elevated and sunny back lawn
• Huge potential to add value and increase rents through cosmetic renovation
• 2 heat pumps, DVS & insulation
• New exterior paint
• RV $640,000
• Rates $3,493.29pa
For Sale by TENDER (not selling prior):
• Closing at 12:00pm, Friday 24th February
• At Lowe & Co Realty, 8 Kent Tce, Wellington
This location will ensure massive tenant demand, producing steadily increasing rents and low vacancy, so all you need to do, is sit back and enjoy the sound of "Ka-ching, ka-ching, ka-ching" as rent drops into your account each week. Do your sums and be ready to secure your future on tender day.
Keywords
Property Type
- Investment
- Character
- City Views
Location
- City Fringe
Agents
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.
read moreBrent Gilbert
Lowe & Co Realty
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
This property was photographed by
David Garratt
Wellington Central/North
ID#389104
Aro Valley
Wellington Central
Tender
proudly marketed by