Newtown - Invest in Your Future
This is one of the very best residential investment properties you will find in central Wellington!
Sitting proudly on Rintoul Street, Newtown it is perfection for the educated investor in terms of quality and aspect. This would also suit as a genuine Home and Income for families or those looking for separate accommodation for parents or the like.
Comprising separate 5 Bedroom Home + separate 1 Bedroom Unit both in decent condition, properties like these are rare as hens teeth. Some internal paint would likely benefit with a basic refurbishment but the rest is solid. Everything is done! Healthy Homes compliant, this deluxe property is a must see. Floor Area 158m2 Land Area 344m2.
- Yield of $90,220 per annum (huge scope for improvement)
- Comprised as 5 Bedroom Home + 1 Bedroom Apartment / Flat with 2 off street car parks.
- Common area for bike storage
- Not on the EQC register and EQC compliant
- WCC Rates $5853pa + Building Insurance (Vendors) $2232pa
The opportunity exists to acquire this premium investment located in one of the most sought after inner city suburbs and is surely a once in a lifetime opportunity. One would say it's an amazing addition to any individual, family trust or investor's portfolio.
For a comprehensive information pack please call Harry Eggers on 021777806.
Selling by Deadline Sale 12pm Wednesday 29 September 2021