Investment Two Flat Property, First Home Or Home And Income

SOLD - This listing was sold in May 2018
AUCTION brought forward to Thursday, 31 May 2018 at 4:30pm, Harcourts Wellington City Office (Unless sold prior). It's decision time right now with these attractive purpose-built units on freehold title, era of build 1970-1979. These two very well-maintained units of approx. 75sqm each are separately metered, and both are rented out, on short-term tenancy agreements with tenants' keen to stay on. The opportunity to use it as an investment to service the mortgage, and or live there, is entirely your decision when you own it. The outlook is quite beautiful over looking the Western Hills, and there is sun flooding into the properties until late in the day. The floor plans are very practical; two double bedrooms, with spacious living combined dining areas connecting to deck and garden. The kitchens adjoin the living areas, which offer excellent storage and the tidy bathrooms each include a laundry. A double carport and additional off-street parking. There's an established garden, with native trees and bird life.

The walk to the bus-stop is 5 minutes, and the special commuter bus #13 drops you at The Terrace and home again. Highly Recommended Viewing. RV $490,000. Combined Rental $590pw. Council Rates $2,631.68pa. LIM and builders report available on request. Please contact me for your inspection and drop box information. Open Homes, or alternatively, inspection by prior appointment (24 hours - notice).

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Main Property Features

Listing Number: WL24890

Approx Floor Area:
150 sqm
Land Size:
438 sqm
Tenure Detail:
Residential Purpose Built Flats
Property condition:
Property Type:
Unit, Home & income
House style:
Garaging / carparking:
Open carport, Free Standing - Double
Iron and Cedar
Double glazing - bedrooms x 2, Timber
Wool insulfluff in ceiling, Floor, Ceiling
Other (New carpet (upstairs), New Vinyl (downstairs), Carpet 2010)
Window coverings:
Drapes, Blinds
Heating / Cooling:
Electric, Other (Heat Pump (lower flat only))
Phone extensions
Property Features:
Smoke alarms, Other (New hot water cylinder 4 years approx. (downstairs))
Chattels remaining:
Blinds, Fixed floor coverings, Light fittings, Curtains, Washing Machines x 2, Heat Pump (lower flat only), Stove x 2
Original, Standard, Separate, Upright stove and Finished in Stainless steel, Laminate and Other (Tile)
Living area:
Open plan
Bedroom 2:
Additional Info (Double x 2 with Built-in wardrobe x 2)
Additional rooms:
Other (Main bedroom x 2 with Built in wardrobes x 2, Dining with lounge. Decks from both units, Downstairs lounge to garden, Upstairs lounge to north corner with staircase to ground.)
Main bathroom:
Shower over bath
In bathroom
Private, Bush
Outdoor living:
Clothes line, Garden
Land contour:
Tidy, Backyard access, Other (No shed - current one is tenant's.)
Water heating:
Water supply:
Town supply
Close to schools, Close to shops, Close to transport
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Licensed REAA 2008

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Harcourts Wellington City

Team Wellington Ltd

Licensed REAA 2008

Level 1, 54-56 Cambridge Terrace
Te Aro
Office website or View office details

Property Location