This is one of the very best residential investment properties you will find in central Wellington!

Sitting proudly on The Terrace, Te Aro it is perfection for the educated investor in terms of quality and aspect. This is an extremely rare Blue Chip investment property! You could also live in one and lease out the other too! .

Configured as two 5 Bedroom + 2 separate bathrooms per flat, properties like these are rare as hens teeth. This property was completely refurbished / rebuilt with new WCC Code of Compliance in 2019. Everything is done! Healthy Homes compliant, this deluxe property is a must see. Floor Area 158m2 Land Area 344m2.

The Facts:
Yield of $150,540 per annum (definite scope for improvement)
Comprised as two 5 Bedroom Flats with 2 off street car parks + 1 car garage.
Common area for bike storage
Not on the EQC register and EQC compliant
WCC Rates $10,095pa + Building Insurance (Vendors) $5793pa
The opportunity exists to acquire this premium investment located in one of the most sought after inner city suburbs and is surely a once in a lifetime opportunity. One would say it's an amazing addition to any individual, family trust or investor's portfolio.

For a comprehensive information pack please call Harry Eggers on 021777806.