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ID#387411

Thorndon

Wellington Central
BEO $845,000
4
2
Approx
200
(≈2,152.78 sq.ft.)
Approx
473
(≈5,091.32 sq.ft.)
proudly marketed by
Adam Cockburn
Lowe & Co Realty
Adam
+64 (0)21 409 637
Message Me

CHARACTER VILLA - HUGE GARDEN - BEO $845,000

Make no mistake, there is work to be done here, if you want to make the most of this incredible opportunity. But all the raw ingredients are there, just waiting for you to create your very own masterpiece... sensational location, large flat site, good sun, and a large character villa that is ready for renovation or detonation.

The potential is here to create a beautiful family home, in keeping with it's neighbours, or retain it as a sensational rental investment, delivering a steady stream of cash-flow from a queue of tenants wanting this superior city fringe location.

* 4 double bedrooms, inc one with sunroom
* 2 bathrooms
* 3 separate living rooms (or use some as bedrooms / office etc)
* Large eat-in kitchen / diner
* Huge north facing back yard
* Zoned for Wellington and Wellington Girls Colleges
* Rental appraisal $1,300-$1,350pw
* 2015 RV $790,000
* Rates $4,240.94pa

INVESTORS: You can use it as a 6-bed house as is (with kitchen / diner, separate lounge and appraised rent of $1,300 - $1,350pw), or reconfigure to add bedrooms for additional cash-flow. To get this much cash-flow, in a blue chip location, with so much future upside, is a rare opportunity indeed.

This is bound to be popular with renovators, investors, and fans of "Grand Designs". Come check it out and make your offer!

Keywords

Property Type

  • Investment
  • Character

Features

  • More than 2 living areas

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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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This property was photographed by

David Garratt

Media Specialist

Wellington Central/North

ID#387411

Thorndon

Wellington Central
BEO $845,000
proudly marketed by
Adam Cockburn
Lowe & Co Realty
Adam
+64 (0)21 409 637
Message Me

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