42 Rakau Road, Hataitai, Wellington 6021
BLUE CHIP INVESTMENT (PAINT-PAPER-PROFIT)
House Sold - Hataitai Wellington
This unique 3 separate dwelling investment is located in the blue chip suburb of Hataitai and offers a good rental return with potential to further enhance both the property and the capital growth returns. The main home requires some maintenance and renovation work which will create rental upside.
Offering double garaging, a bedsit above the garage (42a), a 4 double bedroom/ 2 bathroom house (42b) as well as a 1 bedroom unit (42c) separately located at the back of the section.
Currently rented for $1055.00 per week (previously rented for $1205.00 per week) with a proven rental history.
42a: rented at $265.00 per week (periodic tenancy)
42b: rented at $470.00 per week – reduced rent from $620.00 per week (fixed term tenancy 31/03/19)
42c: rented at $320.00 per week (fixed term tenancy 03/11/18)
Don’t miss the opportunity to own this great package and secure your future with a sound investment.
Tender closes 3pm 26 April 2018 at Tommy’s Real Estate, 209 Victoria Street, Wellington. (vendor reserves the right to sell prior)
LEGAL DESCRIPTION
Estate: Fee Simple Lot: 44 DP: 5537 CT: WN467/57 Area(more or less): 865 squareMeterProperty Features
- House
- 6 bed
- 4 bath
- Land is 865 m²
- Floor Area is 150 m²
- 2 Garage
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