Prime Investment Opportunity - Central Location

- Mount Cook Wellington

Looking for a solid investment or a home with added income potential? This centrally located three-flat property is an exceptional opportunity for both home buyers and investors alike, offering impressive rental returns across all units.

Unit 1:
• Two spacious bedrooms
• Separate lounge and kitchen
• Currently rented at $525 per week, on a periodic tenancy

Unit 2:
• Two well-appointed bedrooms
• Open-plan kitchen, dining, and living area with seamless flow to a deck
• Generates $450 per week, on a periodic tenancy

Unit 3:
• Large bedroom
• Open-plan kitchen, dining, and living area
• Currently rented at $400 per week, with a fixed tenancy until 11th February 2025

Together, these units deliver an impressive total rental income of $71,552 per annum, with annual rates of $7,126. Situated in a highly sought-after suburb, this property is close to local amenities, ensuring strong tenant demand and stable rental occupancy.

Updated rental appraisals and a LIM report are available upon viewing. Don’t miss this fantastic investment opportunity – call Mel or Ava today to arrange your viewing!

Tender closes 2pm Tuesday 22 October 2024 at Tommy’s Real Estate, 209 Victoria Street, Te Aro, Wellington (Vendor reserves the right to sell prior.