WELLINGTON
3 Bedroom + 2 Bedroom - $1,720 per week rental
11.0 % Yield
- 270 m2 three storey house
- 539 m2 Freehold land
- 4 bedroom unit upstairs - $920 pw
- 3 bedroom unit downstairs - $800pw
- Rental $1,720 per week
- Gross Yield 11.0%
- Excellent location
- Potential to renovate to add value, end value in todays market $1,300,000
With the renovations done and the bottom converted into a 2nd dwelling I think you could achieve the below rents.
Top 3 bedroom: $670 - $710
Bottom 2 bedroom: $500 - $540
Total: $1,170 - $1,250
Price by Negotiation
CV: $1,270,000
Gross Yield: Potential 11.0%
Rental: $1,720 per week
Land: 529 m2
Building: 270 m2
Bedrooms: 7
Bathroom: 3
Council Rates: $4,546.95 pa
Please contact me if you’d like further info.
Shane Carruthers
021 182 6547
[email protected]
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