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Northland, 113 Northland Road

T19047

bed5
bath3

TRIPLE TREAT, THREE INCOME INVESTMENT-NORTHLAND

BEO $965,000 | Tender - Fri 25th Oct 2:00pm

House Area: 130 m²
Land Area: 377 m²
Year Built: 1900's
RV: $760,000
Property Description:
With confidence surging again in the investment market, now is the time to capitalise on this fantastic investment opportunity on the cusp of the city. Superbly located for easy access to Victoria University and the CBD, it's a tenant magnet. Features include:

• Three separate flats: a three-bedroom, a one-bedroom and a studio one-bedroom, all receiving excellent light and sun.
• Renovated character throughout and all three flats have been very well maintained.
• Within walking distance of Victoria University and the CBD while being handy to public transport both Northland and Kelburn villages and is opposite Northland School.
•5 Bedrooms, 3 Bathrooms, 2 Heatpumps
• Multiple cashflows stream with potential to increase the rents and the return over time
• Blue-chip location

Current Tenancies
113A Northland Road. $580 P/W (fixed until January 2020)
113B Northland Road. $340 P/W (fixed until January 2020)
113C Northland Road. $280 P/W (fixed until January 2020)

This is a rare chance to buy a top investment property in a location that commands premium rents and high demand.

Viewing is by appointment only

Tender Closes 2:00 pm Friday, 25th October 2019 at Tommy's Real Estate Ltd (MREINZ), 209 Victoria St, Wellington.

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