House - Hataitai Wellington
Here is an opportunity to own a substantial and well located large investment property with excellent cash flow and capital growth potential. This west facing property offers great views across the valley with a brilliant aspect to the sun. The large tenant base minimises risk to prudent investors.
• Strategic fringe CBD location.
• Triple off-street parking.
• Excellent occupancy rates.
• 2 x 3 bedroom apartments and 1 x 1 Studio apartment.
• Currently returning $1430/ week.
• Rental assessment between $1500- $1650/ week with spruce up.
• Solid 1950s construction.
• Close to transport.
• Further rental upside.
• Further potential if desired.
Currently fully tenanted, this property is a proven performer with excellent occupancy rates. This is a blue-chip investment opportunity for any serious property investor, so don’t delay- invest in your future.
Tender closes 2pm 27th November 2019 at Tommy’s Real Estate MREINZ, 209 Victoria Street, Te Aro, Wellington. (Vendor reserves the right to sell prior)