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Home and Income

55 Mandalay Terrace Khandallah, Wellington City

Sold for $1,302,000 on 6 Nov 2020
  • 5 Beds
  • 3 Baths
  • 4 Cars
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55 Mandalay Terrace, Khandallah, Wellington City

Home and Income in Khandallah

HOME, INCOME & INVESTMENT…

  • 5 Beds
  • 3 Baths
  • 4 Cars

Here is the huge opportunity you have been waiting for! Within the highly sought after suburb of Khandallah and only minutes drive to the Khandallah Village and Cashmere Avenue School, 55 Mandalay Terrace boasts three separate tenancies bringing in over $1,300 per week.

BUT... if you've been struggling to get into a key area due to prices skyrocketing, this could be your way in! Live in one and rent out the other two OR rent out two whilst you seek consent to build your new, west facing, family home that captures all day sun OR simply leave and let mature. The options are truly all yours and the banks will love you for it!!!

  • RV $870,000
  • Main Building - 1 x 2 bedroom unit & 1 x 1 bedroom unit
  • Secondary House - 1 x 2 bedroom
  • Each with own access
  • Large Car Deck for up to two vehicles
  • Generous Khandallah Section of 685sqm (more or less)
  • West facing - Brilliant Afternoon Sun
  • Tender - 6 November 2020 at 1pm
  • LIM has been ordered
  • Full Vendor's Building Report available from 26 Oct
Features:
  • Air Conditioning
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Garden
Property ID:

BDN23967

Building:

160m²

Land:

685m² / 0.16 acres

Parking:

Double Car-Deck

Bedrooms:

5

Bathrooms:

3