This property has not had a single unrented day in 10 years! This is a high demand area close to the city and university. The landlord can get a free car park as well.
This outstanding investment property offers 8 bedrooms and 3 bathrooms, generating a healthy $2,040 rent per week. At an annual rental income of $106,800, with an impressive 8.5% gross yield, this blue chip address is a rare find in the current market.
Already rented until February 2026, this is an easy investment. No renovations required and great cashflow coming in every week. Wellington University figures report 2,000 more students in the halls in 2025, most of whom would traditionally move into rentals in 2026.
Key features:
8 bedrooms providing ample space for tenants
3 well-appointed bathrooms
Currently rented until February 2026
1 off-street car park
Sunny and inviting sunroom
Proven rental history
High demand location
Rates $6,267.63pa
This property promises both immediate rental income and long-term capital growth. Don't miss out on this lucrative opportunity! Contact me today to arrange a viewing.
LIM and HH Certificate available. The vendor has requested a building inspection and will make the report available to prospective purchasers. Please contact the agent for details.
The property is for sale by deadline, all offers to be presented by 4:30pm, Wednesday May 7. Vendor will consider offers prior.
Property ID: ISELL20164 |
322A The Terrace, Te Aro, Wellington Wellington 6011
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