Tommy's Real Estate Wellington City
Real Estate Services
- Listing #:
- L28338094
- Listed:
- 50 days ago
Enquiries over $1,095,000
Prime Investment Opportunity - Central Location
25 Myrtle Crescent, Mount Cook, WellingtonResidential House
-
- 5 Bedrooms
-
- 3 Bathrooms
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- 130m2 Floor Area
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- 364m2 Land Area
About this property
Looking for a solid investment or a home with added income potential? This centrally located three-flat property is an exceptional opportunity for both home buyers and investors alike, offering impressive rental returns across all units.Unit 1:
• Two spacious bedrooms
• Separate lounge and kitchen
• Currently rented at $525 per week, on a periodic tenancy
Unit 2:
• Two well-appointed bedrooms
• Open-plan kitchen, dining, and living area with seamless flow to a deck
• Generates $450 per week, on a periodic tenancy
Unit 3:
• Large bedroom
• Open-plan kitchen, dining, and living area
• Currently rented at $400 per week, with a fixed tenancy until 11th February 2025
Together, these units deliver an impressive total rental income of $71,552 per annum, with annual rates of $7,126. Situated in a highly sought-after suburb, this property is close to local amenities, ensuring strong tenant demand and stable rental occupancy.
Updated rental appraisals and a LIM report are available upon viewing. Don't miss this fantastic investment opportunity - call Mel or Ava today to arrange your viewing!
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