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- Home & Income
- Self-Contained Flat
- Air Conditioning
- Off-street parking
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ID#228608
Newtown
Wellington South
Auction
4
2
140m²
(1,506.95 sq.ft.)
222m²
(2,389.59 sq.ft.)
proudly marketed by
Adam Cockburn
Lowe & Co Realty
NEWTOWN HOME & INCOME OR INVESTMENT
FOR SALE BY AUCTION IF NOT SOLD PRIOR
12 NOON THURSDAY 19TH AUGUST
Gold rush!! Gold rush!!
FIRST HOME
Looking for a first home in a sought after location, with an income to help pay your mortgage? The 3 bedroom home is full of potential and waiting for you to make her gorgeous again (look at the neighbour!). The attached 1 bed flat is earning $240pw which pays a mortgage of about $170,000. This makes her pretty affordable!
INVESTMENT
If you want a pure investment, the combination of character, location, size and parking, all adds up to long lines of tenants wanting to pay top dollar... cash in the bank!!
FAMILY HOME
You could also convert her back into a gracious family home... just look at the neighbour for inspiration!
* Front house: 3 double bedrooms & 1 bathroom.
* Attached flat: 1 double bedroom & 1 bathroom
* Two off street car parks
* Heating: heat pump plus wall mounted radiators in the main house
* Rent: main house was recently (under) rented for $420pw and the flat is rented for $240pw
* Market rent: estimated to be approximately $500pw (house) & $250pw (flat) = $750pw
* North facing back yard
Any way you slice it, this just makes good sense.
Take control of your future and call Adam today!
Keywords
Property Type
- Investment
- Character
- Character
- 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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