Lowe & Co Realty
Real Estate Agents
- Listing #:
- LOWE4103
- Listed:
- 1029 days ago
Asking $930,000
High Income Bargain - Kids at University?
19 Zetland Street, Highbury, WellingtonResidential House
-
- 5 Bedrooms
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- 2 Bathrooms
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- 130m2 Floor Area
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- 667m2 Land Area
About this property
INVESTORSWith a rental appraisal of $1,260 - $1,290pw, this represents a gross rental yield of 7.2%. Yes, there is work to do to maximise the potential, but with this level of holding income, you have time to get your plans organised.
KIDS at UNIVERSITY?
With the rental market not getting any easier, this is the perfect opportunity to take control of your kids' accommodation arrangements, and save yourself up to $1,290pw in the process.
- 5 bedrooms, all good sizes
- The entire top floor is dedicated to living, with original kitchen and partially open plan dining and living rooms
- North facing deck accessed from the lounge via french doors
- 2 bathrooms
- Ventilation system
- Single car pad
- Basement that is ripe for development
- RV 1,220,000
- Rates $3,787.22pa
Our vendors have enjoyed this investment for many years, and has always found it easy to rent to good tenants, but they are now based in Auckland so it's surplus to requirements. Let's be clear, there is work to be done here, but it has been priced accordingly. No tender to contend with, just reach out and grab it.
A valid My Vaccine Pass is not required for Open Homes and private inspections - attendees will be both vaccinated and unvaccinated individuals. For more information, please talk to the agent and refer to the REA Guidelines www.rea.govt.nz...
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