Good Earner - Heart of Newtown
- 6 Beds
- 3 Baths
- 3 Cars
This large old 3 flat property has had a long and hard life, yet still retains flickers of its grand past. Currently, three flats plus some let storage, it is returning $1215 a week. It comprisers two spacious two bedroom units, and one unit with a double and a single bedroom
Professional investors agree central Newtown is one of, if not the best, suburb to own rental property in Wellington. Most rental property has been let close to 100% of the time for the last 30 years.
Easy walk to Hospital, supermarket, Varsity and village centre. Maybe one day it will be returned to its former grandeur. In the meantime, work out the yield you need to give you a good return, and have your offer in May 23rd. My vendor wants a sale.
Set viewing times: Thurs & Tues 1.00 to 1.30. Sunday 2.15 to 2.45.
LIM available. RV $750,000
311m² / 0.08 acres