Tommy's Real Estate Wellington City
Real Estate Services
- Listing #:
- L30282875
- Listed:
- 16 hours ago
Enquiries over $925,000
Views in Wadestown for Circa $650,000!
123 Barnard Street, Wadestown, WellingtonResidential House
-
- 4 Bedrooms
-
- 2 Bathrooms
-
- 2 Car Garages
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- 184m2 Floor Area
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- 1,325m2 Land Area
About this property
What did you say? Yes, here at last is an affordable, elevated home and income that enjoys sweeping city and harbour views. Using the income from the 1-bedroom apartment below, the mortgage to you as an owner would be circa $650,000. So, make the smart move to a premium suburb with the help of your tenant!Comprising a home of 3 double bedrooms and a large one-bedroom income or granny flat, this property offers:
• Spacious living areas
• Magnificent sea and CBD views
• Fabulous indoor/ outdoor flow
• Walk-on access
• Lovely bush-clad setting
• Further potential and rental upside
• Double garage
• Last rented at $750/ week up, $425/ week down, and currently $50/ week for garaging
• Rental assessment at $1,255/ week
• Help with the mortgage of circa $283,000 @ $400/ week, on principal and interest on a 30-year term at 6.19% when renting the 1-bedroom flat (Source: Moneybox)
• Essentially, this means a 3-bedroom home would be circa $650,000
A fantastic opportunity in this locale, and a short stroll to the city. This is a brilliantly positioned home and income or investment property in a popular city fringe location.
Nest and invest- the best of both worlds!
Please note- the last 3 photos have been virtually staged.
Tender closes at 3 pm 15th October 2024 at Tommy's Real Estate, 209 Victoria Street, Te Aro, Wellington. (Vendors reserve the right to sell prior)
Sun 22nd Sep 1:00pm ~ 1:30pm
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