Features
- Home & Income
- 2 Living areas
- Undercover Parking
- Off-street parking
- Find a Property
- Residential
- Commercial
- Farm/Ag
- Rentals
ID#159848
Newlands
Wellington North
BEO $325,000
4
2
140m²
(1,506.95 sq.ft.)
347m²
(3,735.07 sq.ft.)
proudly marketed by
Adam Cockburn
Lowe & Co Realty
WANT TWO INCOMES AND PLENTY OF UPSIDE?
This is a great entry level property for a smart investor who is looking for maximum income, a convenient location and real room for improvement. Although perfectly rentable as it is, there is work to be done if you want to maximize your return and get the most value from this property. Do the work before Christmas so you can crank the rents right up in the new year, when rental demand is at its peak. Then re-value, re-finance, and pull your cash out to prepare to buy your next one.
Two x 2-bed flats.
Double carport.
Separate kitchens.
Separate WCs, showers over baths.
Separate lounges.
Laundries off bathrooms.
Two de-humidifiers included.
Current rent $420pw ($220 up $200 down).
Estimated rental potential $500 - $550pw.
Every savvy investor knows that if you want to fast-track your wealth, you have to create it, rather than simply wait for the market to go up. This property presents an opportunity to do exactly that - create extra Cashflow AND equity.
Give me a call and take your future into your own hands now!
Building report available.
Keywords
Property Type
- Investment
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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