Potential Plus in Northland! BEO $925,000
With character and potential this Northland gem is currently configured as two flats and could be a golden opportunity for home and income buyers to establish themselves in a sought after location. Savvy investors will also recognise just what is on offer here with two income streams and the potential to add further value. Upstairs is currently rented at $650 pw with two large double bedrooms and a smaller single bedroom that could also be an office/study. The living area is a good size and enjoys a wide outlook and the well appointed kitchen looks over the private and sheltered rear courtyard. Downstairs is self contained with one bedroom and is currently rented at $285 pw. The location is superb with easy bus or walking access to the CBD, the Botanic Gardens and VUW and if you need to park the car there’s a single garage at street level. Our owners have enjoyed their time both living here and lately as landlords but are now firmly focused on selling. Viewings are limited so come along to the open home.
With character and potential this Northland gem is currently configured as two flats and could be a golden opportunity for home and income buyers to establish themselves in a sought after location. Savvy investors will also recognise just what is on offer here with two income streams and the potential to add further value. Upstairs is currently rented at $650 pw with two large double bedrooms and a smaller single bedroom that could also be an office/study. The living area is a good size and enjoys a wide outlook and the well appointed kitchen looks over the private and sheltered rear courtyard. Downstairs is self contained with one bedroom and is currently rented at $285 pw. The location is superb with easy bus or walking access to the CBD, the Botanic Gardens and VUW and if you need to park the car there’s a single garage at street level. Our owners have enjoyed their time both living here and lately as landlords but are now firmly focused on selling. Viewings are limited so come along to the open home.
Open Homes
Sunday 29th May 2.30 - 3pm
Sunday 29th May 2.30 - 3pm
Bedrooms: 2 or 3 Upstairs / 1 Downstairs
Floor Area: 122 sqm (approx.) Land Area: 400 sqm (approx.) Legal Description: LOT 1 DP 48770 Rating Valuation: $1,120,000 (September 2021) Land Value: $880,000 Improvements Value: $240,000 WCC Rates: $3739.19 p.a. Current Rental Income: $935 per week ($650 pw Upstairs + $285 pw Downstairs) |