Alicetown

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SOLD

Wellington
11
1
N/A
230sqm
264sqm
Wellington
proudly marketed by
Lisa Durrant
Team Wellington Ltd MREINZ
Boarding House Investment
First time on the market in 20 years, here is testament to a very successful and easily managed cashflow investment. Tenants are stable and usually long term. Thompson Street is well known as a "blue chip" rental area within walking distance of all city amenities. Current rental return $1850 per week - interest on a mortgage may be able to be claimed along with repairs, maintenance and depreciation. A percentage of GST is incurred on rents received. Here is a rare opportunity to add to your property portfolio or take your first step on the property ladder. RV $800,000. Rates $3696 per annum. Floor area 230sqm.
Question
Upload by David Garratt
Wellington Central/North