70 Melbourne Road, Island Bay Wellington 6023

Buyer Enquiry From $945,000
Loder Gif

70 Melbourne Road, Island Bay, Wellington 6023

Buyer Enquiry From $945,000
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Home & Income - Superb Investment

House Sold - Island Bay Wellington

Presented to the market for the first time in 35 years this is your opportunity to have a lovely home with income to offset the mortgage, or simply enjoy the proceeds of an excellent return on the 3 income streams that come with this property. Situated in popular Melbourne Rd the views over the suburb and beyond can be enjoyed from every level.

The 4 bedroom home is fully refurbished internally and offers a brand new kitchen and bathroom. Downstairs you will find the 2 bedroom and one bedroom flats, both presented in tidy condition, but giving you the opportunity to renovate and reap the rewards.

A garage and off street parking is a bonus while the close proximity to the village and public transport makes this premium property very appealing.

Currently tenanted and returning $720 per week on the 2 flats, a recent rental appraisal is available and shows the return on the whole property as being $1,550-$1,700 per week.

This sort of temptation does not arise very often. Do not delay, call today for your appointment to view.

Listing ID:
T17938
Land Area: 531m2Property Type: House
*Property data sourced from CoreLogic unless otherwise stated
Property Features
  • House
  • 7 bed
  • 3 bath
  • Land is 531 m²
  • Garage

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