Property Type
- Investment
- Character
- Cashflow
- Find a Property
- Residential
- Commercial
- Farm/Ag
- Rentals
ID#242007
Newtown
Wellington South
BEO $415,000
5
1
100m²
(1,076.39 sq.ft.)
210m²
(2,260.42 sq.ft.)
proudly marketed by
Adam Cockburn
Lowe & Co Realty
YOU WANT A CASHFLOW MACHINE??
HOW ABOUT 8.8% GROSS YIELD AT THE BEO PRICE??
BEO $415,000
If you want a city fringe investment property, in a high demand location, that delivers high income and is also affordable, you will not beat this one!!
Check out what is on offer:
* rented at $700pw on a brand new 12 month tenancy
* at the tender reserve price this represents a gross yield of 8.8% pa - very hard to find in high demand locations, especially for free-standing houses!
* 5 double bedrooms
* separate kitchen
* very low maintenance back yard, north facing for great BBQs
* separate laundry with second WC
* space for two car parks at the front of the house
* new roof, ceiling / floor insulation and heat pump (all new in 2009) to keep your tenants warm and dry
* kitchen / bathroom new in late 2008
Interest rates are low, the property market is showing signs of recovery. NOW is the time to get into investment property, whilst the cashflow is strong, and interest rates are still low... meaning you can buy good property which puts money in your pocket every month!!!
Call Adam and take control of your future TODAY!!
Keywords
Features
- Off-street parking
- Yield
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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