20 Saint Michaels Crescent, Kelburn 6011

Enquiries over $3,250,000
Loder Gif

20 Saint Michaels Crescent, Kelburn, Wellington 6011

Enquiries over $3,250,000
16
6

Trump This - Investment Plus!

Sold - Kelburn Wellington

Here’s an opportunity to own a substantial and well-presented multi-unit complex with excellent cash flow and situated in a high capital growth area. This tightly held and iconic art deco property has a fantastic Kelburn location with a brilliant aspect to the sun. The large tenant base minimizes risk to prudent investors.

Features:

• Strategic fringe CBD location
• High profile and desirable area
• Comprising:
2 x 4 bedroom apartments
1 x 3 bedroom apartment
2 x 2 bedroom apartments
1 x studio apartment
• Excellent occupancy rates
• Good access
• Close to the Kelburn village and transport
• Currently returning circa $201,500 pa
• Currently assessed circa $205,000 pa
• Earthquake strengthening to 67% of current NBS
• Current owner of 20 years has consistently upgraded and maintained this property

Here is a blue-chip investment opportunity for any serious property investor. This property is a proven performer with excellent occupancy rates, so don’t delay – invest in your future.

Listing ID:
T20696
KEY DETAILS
House Area: 460m2Land Area: 703m2RV: 1920000
Property Features
  • 16 bed
  • 6 bath
  • Land is 703 sqm
  • Floor Area is 460 sqm

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