3 Thames Street, Island Bay BEO $1,195,000
Quality Investment in Popular Island Bay
3 Thames Street has everything to offer when looking at up market investments. Buy now and look to wait for the capital gains increase in this ever popular neighbourhood. This well-built home has been lovingly restored to an exceptionally high standard and offers many options for you to explore
- Live in the property renting the 1 bedroom flat below
- Rent out the entire home
Live in one part and Airbnb or office space and have your university student son or daughter in the flat below – The choice is yours.
Just a 2 minute walk to the Village and bus stop direct to the city makes it a very popular location for rentals. Being bathed in sun and surrounded with established greenery with private tranquil gardens, this is an investment opportunity that impresses.
- Four double bedroom home plus a spacious one double bedroom flat below (nearly 50sqm approx.)
- The stylish modern kitchen, granite bench tops with central island and quality appliances is the hub of the home
- Large bi-fold doors from the dining area open to the north and an entertainer’s deck and garden
- A formal lounge with wood burner and heat transfer system keeping all toasty in Wellington’s winter
- Skylights in the kitchen dining area and large bay windows in lounge and main bedroom flood the home with natural light
- Modernized tiled family bathroom upstairs and a full bathroom complete with separate bath downstairs
The Quality of home suggests a possible Embassy rental fixed for 3 years at very high rate.
Estimated rental :
- Upstairs: $950 – $1,150
- Downstairs: $380 – $430
Own a quality home for quality tenants with potential high paying rental returns in a suburb that’s increasingly popular. Dont miss this opportunity.
8 George Street, Thorndon BEO $650,000
City Fringe Convenience
If convenience to the city and low maintenance living are important then look no further. Right on the doorstep to the city, this 160sqm townhouse has been really well maintained and presented throughout.
A lovely sunny sheltered courtyard awaits, perfect for some evening barbeques and entertaining.
A short walk to Parliament, Thorndon Cafes, the Green Belt and 200 metres to the motorway north if getting away for the weekend is a regular priority.
• 3 double bedrooms
• 1 bathroom
• Internal access garaging
• Secure, sunny courtyard and deck
• 10 minutes walk to the city
• Building and Lim Report available on inspection.
F3/57 Central Terrace, Kelburn BEO $1,145,000
Prestigious Location with Stunning Views
Beautifully positioned at the end of a premium cul-de-sac in the heart of Kelburn, this glorious villa has magnificent sweeping views across the city and out to the harbour.
Located just a stone’s throw from the heart of the city, this 1920’s home has gorgeous character features and a wonderful ambience – at the same time, it is just a hop skip and a jump to the University, the Botanic Gardens and all the city amenities you need. Key features include:
- Two spacious grand living rooms, adjoined with double doors – looking out to the wonderful expansive views
- Sun room off living area – to relax and unwind
- Sheltered and private West facing courtyard – fabulous for entertaining
- Three double bedrooms, with the opportunity to configure the property as a four or five bedroom house
- High stud throughout, with polished wood floorboards upstairs and brand new carpet downstairs
- Light-filled open plan kitchen/dining – with a newly refurbished kitchen
- Off street car park
Zoned for Wellington College, Wellington Girls College and Kelburn Normal School. A lovely stroll to Kelburn Village, the cable car and public transport – this beautiful home offers the opportunity to live a sophisticated urban life (or accommodating your children heading to University) while enjoying the tranquillity and peace of this truly special location.
4/180 Tinakori Road, Thorndon BEO $795,000
Spacious Thorndon Townhouse
Set back from the road this is a quiet, low maintenance townhouse with all the convenience of a central city location.
Offering many features including:
• Drive on access with double garage
• Three double bedrooms plus study
• Family bathroom and master with ensuite
• Insulated and a heat pump
• Open plan kitchen, dining and living with flow to a private, sheltered deck
• Generous 140sqm floor area
76 Tinakori Road, Thorndon BEO $845,000
Situated in a sought after Wellington location this investment property is currently configured as two flats. A short walk to the CBD and Thorndon village makes it popular with tenants and therefore a must see for all investors in the current market.
The upper flat has a staircase leading to a spacious landing that leads to a large living room that overlooks Tinakori Rd. A dining room/office leads off the living room and also has views and plenty of natural light. Both bedrooms are double and feature sash windows. The kitchen is separate and has good storage.
The lower flat also features a large living room has one very large double bedroom. The eat-in kitchen has recently been renovated with new appliances and good storage. It has indoor/outdoor flow to a backyard area. The bathroom is tidy and has a new gas hot water system.
There is potential to add value to both flats, they have been tenanted without vacancy for many years and an updated rental assessment is available on request.
Located a short walk to the CBD, public transport, waterfront and motorway this property is a sensible investment opportunity.
Call today to make an appointment to view.
2/36 Roxburgh Street, Mt Victoria BEO $450,000
Mt Vic Apartment – Priced to Sell
BUT THERE’S A CATCH. Please listen carefully as Opportunity is knocking. This is an amazing apartment located in the best part of Mt Victoria. Offering ground level living for easy access, a car park for the car and as close to the city as you can get. SOUNDS AMAZING for that price I hear you say…this is where the catch comes in. The Building is going to have remedial work done on it (Re-Clad planned for early 2019) and the NEW owner will be the one paying this. My Vendor has permanently relocated offshore, so the chance is here for someone to buy a great apartment for a great price that’s discounted to account for the work needed and a margin for the new owner to do so.
PLEASE NOTE: You must have the ability to pay the “Special Levy” so if you are a first home buyer, for example, it is unlikely this will work for you as Banks tend not to lend the extra amount, however, if you own your home or have lots of equity they may do. PLEASE ensure your financial situation is sorted PRIOR to inquiring as I do not want to waste anyone’s time on this. I am happy to recommend a Mortgage Broker to help with this if needed.
The costs to remedy are estimated to be about $110,000 – $140,000 (TBC) for the new owner and we have dropped the BEO accordingly and some to make it appealing for the next owner. There is a lot of information available to pre-qualified and suitable purchasers once they have viewed the Apartment. This really is a chance for someone downsizing and wants to be closer to the City, or an apartment seeker or Investor looking for an excellent City Fringe Location. All wrapped up with easy care living.
Once you have all that sorted get in touch with us to come and look at this lovely 2 bedroom apartment on the GROUND FLOOR (no stairs), with a Covered Car Park and in an amazing location. For sale by Negotiation. Contact us to organize a viewing, once your finances are sorted.
2/381 Adelaide Road, Berhampore BEO $275,000
Listen Carefully – Opportunity is Knocking
The opportunity here is a brilliant one in my opinion. These great apartments are in a fantastic location sitting up on top of Adelaide Road. They have recently changed to UNIT TITLE (from Company Share) and the entire building has been Double glazed making them warm, dry and quiet.
The next step for this Building is EQ strengthening as the Building has been YELLOW STICKERED (low NBS Rating, Projected to raise to 70% NBS). This is where the opportunity comes into it. The Vendor wants this SOLD due to a change in circumstances. The next owner of the property will need the ability to finance the EQ work as a separate cost on top of the purchase price, hence the low BEO on it. We have accounted for the estimated cost (approx. $75,000 – $85,000 for this unit) and subtracted even more to allow for the risk involved and the fact there must be some incentive for the next owner to do so. Once the building has been strengthened the Value will rise significantly and the new owner will either have a great home or Investment. Current BC Fees are $1313.50.
• 2 Bedrooms
• Double Glazed
• Fantastic Location
• Garage for parking (or storage)
• Great access to Public transport
• 10 minutes to town or the beach
PLEASE NOTE: Viewing is strictly by appointment, NO OPEN HOMES.
PLEASE ensure you have the ability or funding to approach this deal, check with your bank or mortgage broker prior to buying as not to waste anyone’s time. If you have the money organised, then this is a fantastic opportunity for you. Contact us now for the information on this property that we have available.
31C Hall Street, Newtown BEO $350,000
A Home, A Nest or Just Invest
This is a fantastic opportunity to buy a wonderful home or Investment property located in the heart of Newtown. The location is highly sought after for many reasons and being at the top of Hall Street gives the added benefit of fantastic Sun, so winning all around.
If you are looking for a great place to live, this is for you. If you have kids going to Uni, this is for you. Work at the Hospital, this is for you. Maybe you want a good, easy to rent Investment property, then this is for you. Features include;
• Fantastic Location
• 1 Large double bedroom
• Excellent Sun and Views
• Lockable Garage
• Balcony for sun worshiping
• Very tidy condition
• Builders Report & LIM Available
This property will be very popular to lots of different buyers and for many different reasons. Get in touch with us now to make a time to view. We are happy to provide the Builders & LIM to serious purchasers once they have viewed the property.
301/5 Aitken Street, Thorndon BEO $185,000
The Aitken Street apartments are ideally located near Parliament, just off Molesworth Street. These apartments are ex-hotel apartments and have been very well maintained and serviced.
The Studio apartments are fully furnished with full kitchen and laundry facilities.
These great income earners are currently offering excellent returns for a hands-free investment. Rates $775.44 per annum, Body Corporate fees $1,709.48 estimated per annum, current rental $295.00 per week.
For more information or to arrange a viewing, please call us.