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Wilton
Wellington West
4 Unit-titled Investment Flats
Seldom does an opportunity like this present itself - four purpose-built, one-bedroom flats - drive on with plenty of parking space, sun and outlook. Although currently tenanted, this block will require exterior and interior upgrade to reach full rental potential. Current rental return from long-term tenants is $945 per week. This is suburban real estate, constant and reliable.
* Dual frontage with two bus stops nearby
* RV $1,520,000 (4x $380,000)
* Land area 907sqm
* Site cover 160sqm. There may be potential for further development.
First time on the market in 15 years is always an indication of easy tenure. Contact us now to arrange your viewing appointment.
Agents
Lisa Durrant
Team Wellington Ltd MREINZ
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
Lisa Durrant has been involved in property for more than 25 years, so knows what it means to be a buyer, a seller, property investor and developer both in the city and rural areas. This experience is backed by many years working for award-winning newspapers writing and editing features, including lifestyle and property publications. She has also owned her own communications business and, along with her late husband, a number of well-known Wellington restaurants. Since relocating back to her home town of Wellington six years ago, Lisa has enjoyed a successful career in real estate residential sales
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