Property Type
- Investment
- Character
Let's be very honest... you might squeal when you see there is definitely lots of work to be done here, in order to bring this property up to it's best.
But I'm sure you will squeal with delight, when you crunch the numbers and picture this river of cash flowing into your bank account week after week, month after month, year after year... because with rent of $975pw, this quite possibly could be the best cash-flow proposition on the market in this price range.
And in this location, being close to Newtown centre, the hospital, Massey University, and within easy reach of the city, you will always have a long line of tenants waiting at the door.
* 5 generous bedrooms
* 2 bathrooms
* Lounge with semi open-plan kitchen
* Back courtyard
* Rented for $975pw until 15 Feb 2018
* 2015 RV $460,000
* Rates $2,596.13pa
For Sale by TENDER (not selling prior):
* Closing 1:00pm, Friday 12 May
* At Lowe&Co Realty, 8 Kent Tce,Wellington
Ka-ching! Ka-ching! Ka-ching! That's the sound of the rent dropping into the bank each week... will it be yours? Or will you let that cash go into someone else's account each week?
We must stress again... this is not for the faint hearted... but the Wellington rental market is very strong, and interest rates are still very low by historical standards. Secure your next investment before interest rates and prices go any higher. Come check it out on Sunday and prepare to make your offer on tender day.
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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