If you are looking for a large city fringe home, with high rental income, and plenty of upside to boot, then this one deserves your attention. Currently configured as a 6 bedroom 3 bathroom rental, it is ready to go if you want to continue renting it out, with enormous potential for possible development of the back yard for additional equity and income. Alternatively, if you want to create a sensational family home - much like many of the neighbours - there is huge scope for adding value to the home and the gardens alike.
Either way, there is plenty on offer here, in terms of ticking the big boxes... sensational location, large flat site, good sun, and a large character villa. Heaps of options!
- 6 double bedrooms, inc one with sunroom (or utilise some as additional living rooms)
- 3 bathrooms
- Separate lounge
- Large eat-in kitchen / diner
- Huge north facing back yard
- Concept plans available for two new townhouses at the rear
- Zoned for Wellington and Wellington Girls Colleges
- Recently rented for $1,550pw
- 2018 RV $1,110,000
- Rates $4,742.09pa
With interest rates at their lowest in living memory, rental demand remaining strong in Wellington, a sensational blue chip location, and potential for huge upside remaining, this has all the hallmarks of an excellent long term investment, or potentially a grand family home.
Come check it out and get your offer ready.
During Alert Level 3 Lowe & Co Realty will be practicing WorkSafe Guidelines as issued by REINZ. There are to be only 2 inspections per property per day under these guidelines. Please contact the agent to discuss further.
Bedrooms: 6 Bedrooms
Bathrooms: 3 Bathrooms
Chattels: Fixed floor coverings, Light fittings, Blinds, Cooktop, Dishwasher, Drapes, Rugs, Extractor Fan x2 (2019), Fridge, Washing machine, Dryer