Set in the heart of Wellington, this charming property offers an exciting opportunity for first-home buyers, investors, or those looking to secure a large parcel of land backing on to the picturesque Macquarie River. Offering comfortable living in original condition, there's plenty of scope to renovate, add value, or simply enjoy as is while benefiting from an established tenancy.
Property Features
- Three bedrooms, including built-in wardrobe to the main bedroom
- Spacious three-way bathroom for added convenience
- Functional kitchen featuring electric upright stove/cooktop and dishwasher
- Comfortable living with two reverse-cycle air conditioners
- Covered rear deck overlooking the expansive backyard
- Huge 2,779sqm block, backs on to the Macquarie River
- Original condition offering excellent potential to modernise and add value
- Ample space for sheds, gardens, children and pets (STCA)
Location & Lifestyle
Set in a quiet riverside street, this property enjoys a peaceful outlook while being conveniently close to schools, shops, medical facilities, sporting grounds and Wellington's town centre. Offering the perfect blend of lifestyle and convenience, this location provides easy access to all the amenities Wellington has to offer.
Investor Appeal
Currently leased to a long-term tenant paying $420 per week, with the lease in place until 7 February 2027, providing immediate rental income and investment security. With strong demand for affordable housing and significant potential to enhance the property over time, this is an attractive addition to any investment portfolio.