Trump This- Yield circa 8%

House Sold - Hataitai Wellington

As with any smart property decision, it’s all about location- and this is all LOCATION, LOCATION, LOCATION. Here is an ideally located, single level multi income property that has been well maintained and offers astute investors or home and income buyers a wonderful opportunity on the CBD fringe. This character villa has been owned by the same family for over 60 years and comprises of a 4 bedroom character home with 2 smaller flats; offering a wonderful investment or home and income with solid construction ideal for investors. Other features include:

• Strategic fringe CBD location near the Hataitai village
• Single level property
• Excellent occupancy rates
• Currently returning $1055/ week with the studio vacant
• Rental assessment from $1430-$1610/ week
• All day sun
• Well maintained
• Drive on access with parking
• Further rental upside and a fantastic capital growth location
• Great rental history
• On transport routes
• Large tenant base
• Insured as 3 units, consented as 2 units and easy to reconvert if desired

This property is a proven performer with excellent occupancy rates. This is a blue chip investment opportunity for any serious property investor or great home and income option for those looking to get into Hataitai. Don’ delay- invest in your future.

Tenders close 3pm Tuesday 12th December 2017 at Tommy’s Real Estate, 209 Victoria Street, Wellington (if not sold prior)