e-valuation

62 Tio Tio Road, Miramar, Wellington City

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Home & Income or Two Flat Property
Features
5
2
2
200m2
541 m2
Buyer Enquiries Over $1,150,000 Configured as two self-contained units, this home & income property offers versatile... Read more
Buyer Enquiries Over $1,150,000

Configured as two self-contained units, this home & income property offers versatile options for the homebuyer looking for an additional revenue stream to supplement the mortgage. If generating income is your top priority, rent both units to maximise your returns.

Located on a generous 540sqm elevated west/south-facing site, the upper unit is a bright and airy retreat featuring two spacious double bedrooms, open-plan kitchen and living area and is complemented by high vaulted ceilings and large windows that let the natural light flood in.

The lower unit offers flexibility with two large double bedrooms and a spacious third room that can be used as a rumpus room, additional living area or third bedroom. Warm and inviting the living space is open plan with large windows to make the most of the natural light and provide a peaceful bush outlook.

Features Include:
- Spacious light filled living areas
- Built in the 1930s from solid native timbers
- Drive on double garage
- Elevated West/south facing site giving excellent sun.
- Unit 62 Fixed tenancy until 25th of September 2024 - Rental income $560 per week
- Unit 62A Periodic tenancy - Rental income $640 per week
- RV $1,580,000

Nestled in a popular location within walking distance to the Strathmore shops, and easy access to both Lyall bay and Seatoun, the CBD, and surrounding south coastal beaches. Whether you're looking to settle down or invest, this property is perfect for the savvy homebuyer or investors seeking a stable addition for their portfolio.



RED25707
Agent Details
Paul Dickason
M:
027 442 4506
Ph:
04 979 9115
Charles Lindsay
M:
027 4473874
Ph:
04 385 9965
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