Home Plus Income Or Investment

SOLD - This listing was sold in September 2018
Nestled in a tree clad setting enjoying an absolute panoramic vista over Wellington Harbour and accessed by private cable car. This well presented, sound three bedroom home plus one bedroom flat, presents a wonderful opportunity as a first home or investment. Income from the flat ($320 per week) will service $350,000 interest only at an average rate. The upper level is currently let at $610 per week. Under current ownership for the last 18 years is valid testament for any property with rental income. The present owners have shifted to the South Island and wish to sell. This is a must to view and highly recommended as a first home or investment.
CV: $560,000. Rates: $3,338.97 p.a. Land Area: 557m2 (more or less).

TENDER CLOSES: Wednesday, 26 September 2018 at 3:00pm, Harcourts Wellington City Office (Not selling prior).

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Main Property Features

Listing Number: WL24964

Approx Floor Area:
120 sqm
Land Size:
557 sqm
Tenure:
Freehold
Property condition:
Excellent
Property Type:
Home & income
House style:
Other (Home & Income)
Garaging / carparking:
Basement
Construction:
Weatherboard
Joinery:
Timber, Aluminium, Double glazing
Roof:
Aluminium
Insulation:
Part insulation Ceiling, Walls and Floor
Flooring:
Vinyl and Carpet
Window coverings:
Drapes
Heating / Cooling:
Heat pump, Electric
Electrical:
Phone extensions, Rewired (Fully rewired)
Property Features:
Smoke alarms
Chattels remaining:
Fixed floor coverings, Light fittings, Drapes, Stove x 2
Kitchen:
Modern, Dishwasher, Separate cooktop, Rangehood, Extractor fan and Finished in Laminate
Living area:
Open plan, Formal lounge
Main bedroom:
Double and Built-in-robe
Bedroom 2:
Double and Built-in / wardrobe
Bedroom 3:
Double and Built-in / wardrobe
Bedroom 4:
Double
Additional rooms:
Other (1 Separate laundry and 1 in kitchen)
Main bathroom:
Separate shower, Exhaust fan
Views:
Water, City
Aspect:
North, East
Fencing:
Partial
Land contour:
Sloping, Flat to sloping
Grounds:
Tidy, Backyard access
Water heating:
Electric
Water supply:
Town supply
Sewerage:
Mains
Locality:
Close to shops, Close to schools, 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
Wellington
Office website or View office details

Property Location