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Listed about 7 years ago

ID#389098

Hataitai

Wellington East
BEO $670,000
5
3
Approx
210
(≈2,260.42 sq.ft.)
Approx
630
(≈6,781.26 sq.ft.)

3 Flat Investment With Enormous Potential

For over twenty years the current landlords have enjoyed a steady income stream from this lucrative investment property. Now you have the opportunity to take over a sound investment with plenty of scope for higher returns.

• 1 x three bedroom + 2 x one bedroom units.
• Well laid out units with spacious rooms.
• Long term tenancies. One tenant has been here over 9 years and another over 8.
• Sweeping views over the town belt and fantastic sun till the end of the day.
• LIM, floor plans and specialist reports available once you have viewed.

Admittedly, the units are a little dated and there is some deferred maintenance. If you have the foresight and skills to undertake this, you will see a massive opportunity here, as any work you put in will translate to further cash flow, profit and gains.
As the current owners stated "The property has been a fantastic investment, easy to manage and tenants just want to stay on." Now it's your turn. Secure your long term future today. Arrange your viewing now.

Keywords

Property Type

  • Investment
  • Character

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Agent

Tony Cramond

Leaders Real Estate (1987) Ltd Licensed REA Act 2008

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

This property was photographed by

David Garratt

Wellington Central/North

ID#389098

Hataitai

Wellington East
BEO $670,000
proudly marketed by
Tony Cramond
Leaders Real Estate (1987) Ltd Licensed REA Act 2008
Tony
0274 485 301
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