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50 & 52 Thompson Street Mount Cook, Wellington City

Sold for $1,430,000 on 18 Mar 2024
  • 13 Beds
  • 3 Baths
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50 & 52 Thompson Street, Mount Cook, Wellington City

House in Mount Cook

Rare Investment Opportunity!

  • 13 Beds
  • 3 Baths

Rare Investment Opportunity!

Don't miss out on this incredible opportunity to own two adjoining properties with a combined land area of approximately 816sqm. Situated near the beating heart of Wellington, these properties offer a massive and unique potential for development in a highly sought-after location.

Property Features:

50 Thompson Street

Land Area: Approx. 410sqm
Current Potential Income: $102,700 per annum

52 Thompson Street

Land Area: Approx. 406sqm
Current Income: $32,500 per annum

Development Potential: With a generous land area, there is tremendous potential for development. Whether you're an investor or a developer, this is a golden opportunity to make your mark.

Holding Income: The properties offer a combined potential holding income of $135,200 per annum, providing a return on your investment as you plan for the future.

Sought-After Location: Enjoy the convenience of being close to the city's amenities, top schools, and vibrant neighborhoods.

Whether you're looking to develop, invest, or simply secure a piece of prime real estate, this opportunity is one of a kind. The potential is immense, and the location is unbeatable.

Contact us today to explore this rare investment prospect

Property ID:

BDN32232

Bedrooms:

13

Bathrooms:

3