Harvest the cash flow and control your own income because this landmark inner-city residence requires interior upgrade. Seven bedrooms plus two sleepouts produce a current gross income of $108,160 per annum. Listed in the Wellington City Council District Plan as heritage, this is a residential building in Commercial 8A Zoning Zoning - a premium rental area central to all learning institutions and city employment and always in demand regardless of economic climate. Real estate in this location will always offer cash flow for investors to underpin their existing portfolio. The current vendor of over 10 years may offer, to an approved purchaser, delayed settlement with right of access to upgrade and re-let. There is real opportunity here if you follow a time-proven recipe! Contact the agents now for your appointment to view.
Email enquiry to Team Group Realty Limited, Harcourts Wellington City, (Licensed: REAA 2008)
Properti ID: 320085599126