Home and Income for Sale

269 Adelaide Road Newtown, Wellington City 6021

$899,000Play Video
  • 6 Beds
  • 3 Baths
  • 3 Cars

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Home and Income for Sale in Newtown

Good Earner - Upside - $899,000

  • 6 Beds
  • 3 Baths
  • 3 Cars
Listed By:
Ray White Wellington CityLeaders In Real Estate (1987) Limited Licensed (REAA 2008)

First in buys it! Set price. Rental assessment suggests up to $200 a week more than the current $1215 a week. This large 3 flat property still retains flickers of its grand past. Currently, three flats plus some let storage, it is returning $1215 a week. It comprises two spacious two bedroom units, and one unit with a double and a single bedroom. Parking for three cars. Lots of concrete poured underneath looks solid as a rock, and the big job of painting it has been done not long ago by the look of it.

Professional investors agree central Newtown is one of, if not the best, suburb to own rental property in Wellington. Most rental property has been let close to 100% of the time for the last 30 years.

Easy walk to Hospital, supermarket, Varsity and village centre. Maybe one day it will be returned to its former grandeur. My vendor wants a sale.

Set viewing times: Thurs & Tues 1.00 to 1.30. Sunday 1.45 - 2.15

LIM available. RV $750,000

Property ID:

BDN21048

Building:

210m²

Land:

311m² / 0.08 acres

Parking:

Carpad

Bedrooms:

6

Bathrooms:

3

Listed By:
Ray White Wellington CityLeaders In Real Estate (1987) Limited Licensed (REAA 2008)
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