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15 Romney Square

Tawa Wellington

4
1
1
160 m²
623 m²
Single-Family
Currently for sale - view listing

Overview

INVESTMENT OPPORTUNITY / $700 PW FIXED FOR 1 YEAR

Positioned in a quiet Tawa street with elevated outlooks and good sun, this flexible home offers investors an established rental income stream, with the property currently rented at $700 per week on a fixed-term tenancy for one year. At the current rent, that equates to $36,400 in gross rental income over 12 months, before rates, insurance, maintenance, management and other ownership costs. Combined with a versatile layout and practical tenant-friendly features, there is plenty here for investors to consider. • $700 per week rental income, fixed for one year • $36,400 gross rental income over 12 months at the current rental rate, before expenses • Elevated position enjoying good sun and pleasant outlooks • Flexible 4-5 bedroom configuration, with office/fifth-bedroom versatility • 1.5 bathrooms providing practical functionality • Light-filled living areas with a comfortable, tidy presentation • Functional kitchen and dining area connecting easily with the living spaces • Indoor-outdoor flow to private outdoor areas for relaxing and entertaining • Great storage beneath the house • Drive-on access with off-street parking • Located in Tawa, close to local shops, amenities and community facilities • Buyer Enquiry Over $670,000 For investors looking for an established residential investment with a fixed rental income stream, this property combines immediate income with a flexible home that should appeal to a broad tenant market. Whether you're building your first investment or adding to an existing portfolio, contact us now to arrange a private viewing. ^Source of information: Property Guru, Nexus, Wellington City Council (non-verified) Disclaimer: Information displayed under Trade Me’s property details section may be sourced from third-party records and council data. Lowe & Co Realty and its agents do not guarantee or warrant its accuracy. Purchasers should verify all details independently and are advised to seek independent advice.

Features

4 bedrooms
1 bathroom
1 carspace
160 m² floor area
623 m² lot size
Single-Family

Property history for 15 Romney Square

2017
Sold
$520,000
13 Jun 2017

Happy sellers in Tawa

73%
73% of sellers in Tawa reported that their sale price either exceeded or met their price expectations.

Tawa stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 79 reviews in Tawa over the last 12 months.

Local market activity for 4 bedroom single-family properties in Tawa

In the last 12 months, 14 four-bedroom single-family properties similar to 15 Romney Square, have been sold.

This represents a 60% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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