Lowe & Co Realty
Real Estate Agents
- Listing #:
- LOWE6003
- Listed:
- 206 days ago
RV $1,200,000 | Tender
Thu 21st Mar 12:00pm
VERSATILE LIFESTYLE OR INVESTMENT
189 Cecil Road, Wilton, WellingtonResidential House
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- 7 Bedrooms
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- 2 Bathrooms
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- 3 Covered Car Parks
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- 150m2 Floor Area
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- 563m2 Land Area
About this property
This versatile two-flat property is a fantastic opportunity for home-and-income buyers, investors, or extended families. Live in one and rent out the other to help pay the mortgage or to accommodate dependent family members. There's even the possibility of capitalising on the large section to develop further in a popular suburb. Features include:- Two similarly configured three-bedroom flats, with the option of a fourth bedroom or study in the top-level residence
- Superbly presented for modern living and peace-of-mind maintenance, having been re-roofed in 2021, insulated and double-glazed with thermally broken aluminum-framed windows
- Northwest-facing for amazing sun and lovely views over bush-clad Wilton and Crofton Downs, complete with decks for easy-care indoor-outdoor living
- Bonus of sitting tenants who are happy to stay, so investors can hit the ground running with immediate cash flow
- Each flat has a heat pump, relined bathroom, washing machine, and vented dryer, and one has the extra benefits of a new refrigerator-freezer and dishwasher.
- Off-street parking for three cars plus two garden sheds and two clotheslines in a leafy, green setting
- Excellent location on the cusp of Wadestown and within easy reach of the CBD
With each flat returning $1100+ a fortnight, everything in great order, and the potential to add value with further development, this is a prospect that would do any portfolio proud or would help to pay off the mortgage that much quicker. Don't miss Sunday's viewing.
Tender closes 12pm, Thursday 21st March 2024 at 8 Kent Terrace, Wellington (will not be sold prior)
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