25 Myrtle Crescent, Mount Cook, Wellington, 6021, New Zealand
Looking for a solid investment or a home with added income potential? This centrally located three-flat property is an exceptional opportunity for both home buyers and investors alike, offering impressive rental returns across all units.
Unit 1:
• Two spacious bedrooms
• Separate lounge and kitchen
• Currently rented at $510 per week with a fixed tenancy until 8th February 2025
Unit 2:
• Two well-appointed bedrooms
• Open-plan kitchen, dining, and living area with seamless flow to a deck
• Generates $450 per week, on a periodic tenancy
Unit 3:
• Large bedroom
• Open-plan kitchen, dining, and living area
• Currently rented at $400 per week, with a fixed tenancy until 11th February 2025
Together, these units deliver an impressive total rental income of $70,720 per annum, with annual rates of $7,126. Situated in a highly sought-after suburb, this property is close to local amenities, ensuring strong tenant demand and stable rental occupancy.
