Features
- Home & Income
- Self-Contained Flat
- 2 Living areas
- Find a Property
- Residential
- Commercial
- Farm/Ag
- Rentals
ID#365255
Ngaio
Wellington North
Tender
3
2
Approx
130m²
(≈1,399.31 sq.ft.)
Approx
371m²
(≈3,993.41 sq.ft.)
proudly marketed by
Adam Cockburn
Lowe & Co Realty
NGAIO HOME & INCOME - RV $395,000
Located in a quiet Ngaio neighbourhood, this extremely affordable home & income presents a great opportunity for first home buyers and investors alike.
Close to schools, transport, parks, shops, takeaways and the Villa Cafe, this is your chance to get into a quality neighbourhood at an affordable level, with a self-contained flat below to help pay your mortgage off extra fast.
Main house:
* 2 double bedrooms
* Generous kitchen with dining area
* Large separate lounge
* Modern bathroom
* Currently rented for $350pw
* Plenty of room to improve with cosmetic renovation
Self contained flat:
* Large bedroom with french doors to private lawn
* Separate lounge
* Modern kitchen
* Ensuite plus separate guest WC
* New carpet and modern kitchen
* Currently rented for $270pw
* Total curent rent: $620pw
* 2015 RV: $395,000
* Rates: $1,901.87pa
For Sale by TENDER (no offers prior):
* Closing 1:00pm, Thursday 14 April
* At Lowe & Co, 8 Kent Tce, Wellington
NO VIEWINGS BEFORE THE FIRST OPEN HOME EASTER SUNDAY.
With interest rates the lowest we have seen for decades, the rent from the downstairs flat pays the interest on a mortgage of over $280,000 (assuming 5% mortgage rate), making this home more affordable than ever.
Come to the open home and get ready to own it on tender day!
Keywords
Property Type
- Investment
- Afforable Home
- First Home
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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