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ID#431190

Newtown

Wellington South
Tender
3
3
Approx
220
(≈2,368.06 sq.ft.)
Approx
163
(≈1,754.52 sq.ft.)

Blue Chip Newtown Investment

A fantastic opportunity to secure a proven performer on a high profile corner site.

• Established Long-term Commercial Tenant
• Fixed Term Residential Tenant
• High Traffic/Hi -Viz Corner Site
• Stand-alone non Earthquake Prone building

Currently generating pre-GST income of over $74,800 per annum with exceptional potential for capital gains.
This is a rare chance to buy a high-profile location in the heart of thriving Newtown.
Upstairs the residential flat is returning $480 per week on a fixed term tenancy until Feb 2019.
Downstairs is leased to an established popular restaurant and returns $960 per week (+GST).
Viewing of the upstairs flat is available Sundays between 12pm and 12:45pm.
The restaurant is available for viewing by appointment only.
Call for appointments and further information.
LIM and information pack available.

Keywords

Location

  • Inner City

Property Type

  • Investment

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Agents

Justin Brown

Harcourts - Harcourts Team Wellington Ltd MREINZ

Licensed Real Estate Salesperson (REAA 2008), Licensed Real Estate Agent (REA 2008), Member of the REINZ

Justin is a VUW graduate who brings 8 years of account and project management experience to the table. He has been selling Real Estate in Wellington since 2003 and is half of a highly successful team with Bobbie Meyer. Justin is enthusiastic with a strong work ethic and guarantees everything that can be done, will be done, not only to get a great price for your house, but to ensure that the entire process is as painless as possible.

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Bobbie Meyer

Harcourts Team Wellington Ltd MREINZ

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

I’m a born and bred Wellingtonian who adores this city with a passion.
I trained as a Registered Nurse and worked with the elderly for a great many years before deciding to set up my own company in the service industry.

I have been successfully selling real estate in the Wellington region for over twenty-eight years and pride myself on delivering outstanding service. For the last 10 years, I have been awarded number 1 or 2 in Wellington for Harcourts.

I have three wonderful older sons and without their fabulous support, I would not have been able to create such a successful real estate business.

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This property was photographed by

David Garratt

Media Specialist

Wellington Central/North

ID#431190

Newtown

Wellington South
Tender
proudly marketed by
Justin Brown Bobbie Meyer
Harcourts - Harcourts Team Wellington Ltd MREINZ
Justin
029 972 5660
Bobbie
027 231 5101
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