The Phone Code for this property is: 80265. Please quote this number when phoning or texting.
These 5 modern brick 2BR, aircon villas with lock up garages plus substantial on-site parking are contained on 3 titles.
This strategic investment is long term rented to local residents for $2,170 per week ($112,840 pa) representing a 6.45% rental return plus strong capital growth.
This spacious holding has excellent street appeal with wide driveway, plentiful onsite parking & gardens and is located close to the high school and hospital in a desirable part of the town.
The freehold titles are under the highly preferred community title legislation, minimising cost and avoiding strata title dysfunction with annual fees of just $710pa each.
The combines holding provides the controlling interest in the entire scheme of just 9 villas and so security of management.
Wellington's continuous growth over the last few years has resulted in both high rental demand, very low vacancy rates, and substantial capital growth.
The combination of building quality, age, location, complex size, income and capital growth makes the offering perfectly suited to personal or corporate investment or SMSFs.
Inspection is by appointment only and after buyers self- identify and qualify themselves as buyers ready to proceed to contract after satisfactory inspection.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
