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.
