Lowe & Co Realty

Lowe & Co Realty was formed with one goal in mind: to focus on delivering the best possible price for people selling their homes. We believe this is achieved by having the right people and the right culture. Our core values are strategy, teamwork, training, technology, collaboration, and fun.

When you choose Lowe & Co, you don’t just get one agent; you get an entire team working tirelessly to achieve the best possible result. We were previously the highest performing salespeople for Wellington's largest real estate agency. You can call any one of us and know that you are getting the best. We work full time, with all types of property, and together we have over 40 years of local experience.

When real estate is paramount, get us in, compare us against the competition, and see why our process is way out in front. You can expect an intense focus on getting the very best price for your home.

Lowe & Co Realty. Behold the difference.

Real Estate Agents

Lowe & Co Realty
James Foster-Lowe
Anji Foster
Lowe & Co Realty
8 Kent Terrace
Mount Victoria
Wellington 6011
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Listing #:
LOWE6105
Listed:
12 days ago

Tender BEO $995,000 | RV $1,870,000

Thu 9th May 12:00pm

RENT + LAND = RETURN + OPPORTUNITY

35 Lawrence Street, Newtown, Wellington
Apartment
bedroom
7 Bedrooms
bathroom
3 Bathrooms
floorarea
223m2 Floor Area
landarea
759m2 Land Area
About this property
**BUYER ENQUIRY OVER $995,000**

This three flat property located in popular Newtown has opportunity written all over it. The current rental income from a group of established tenants is $1640 pw, but a rental appraisal has further upside estimated at up to $1,850pw . This could provide a circa 9.5% gross yield, a handsome return in anyone's book. Coupled with a landlocked site (otherwise known as -154 Coromandel Street), with a bit of hard work a further dwelling is a strong possibility.

Currently:

- 1x three bedroom flat with three double bedrooms
- 2x two bedroom flats with spacious living areas and pleasant outlook
- Site with opportunity to explore building a further dwelling

The small walk up the paper road from lower Lawrence Street ensures a sense of peace and quiet when you reach the property, and the current tenants are all keen to stay on in this secluded and special part of vibrant Newtown.

With a solid return and promising options for adding further value, this is the very kind of investment property you've been waiting for. Viewings are to be had through set open home times to minimize disruption for the tenants. See you there!

Tender closes 12pm, Thursday 9th May 2024 at 8 Kent Terrace, Wellington (will not be sold prior).
Open Homes

Tue 7th May 3:00pm ~ 3:30pm

Property buyer's checklist
Check out whether you can get fibre internet
Meet your new neighbours on Neighbourly
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