Here's an investment property for those with an eye for an opportunity. This ideally located multi-income property offering astute investors a wonderful opportunity on the CBD fringe. Owned for the past 28 years and comprising a home and income and a separate standalone 1 dwelling, this well-located and sunny investment property needs some love to make it shine once again. Other features include:
• Strategic fringe CBD location, 2 minute walk to the Northland Village
• On transport routes - 2 bus-stops in 30 seconds
• Good access
• Currently returning $970/week with the one bedroom untenanted yielding over $300 per week in recent years, updated rental assessment available
• All day sun
• West-facing
• Huge rental upside once upgraded and a fantastic capital growth location
• Great rental history
• Large tenant base
• Lovely outlook across to the western hills
Properties in Northland rarely come to market with such generous scope for adding value.
Whether you're a homeowner, developer, or investor, this is your chance to secure a foothold in a prestigious locale and shape a property to suit your vision.
Renovate or remove- the choice is yours.
This property will be sold. Don't miss this rare opportunity to purchase in one of Wellington's most coveted neighbourhoods.