38 Walton Road, Paraparaumu Beach, Kapiti Coast, Wellington, 5032, New Zealand
If you are a portfolio investor looking for a solid long term investment, this 1970’s weatherboard home will certainly appeal.
With bank interest rates due to fall even further and the global stock market too risky for many, this is the perfect solution for the long term investor.
The demand for good rental housing is likely to get even stronger over the coming months, so this is a great time to buy.
On offer today is a 3 bedroom home with a floor area of around 100 sqm, and a large rear section giving a total of around 827 sqm.
The homes interior enjoys rimu timber joinery, tongue and groove floorboards, good insulation/wood burner, modern blinds, and updated kitchen/ bathroom.
To the rear of the home sits a single garage/carport that may offer potential to renovate into a second income stream subject to normal consents.
You’ll also find a container style room with its own power supply that has previously been used as the owners home office.
The owner is in a position to offer the successful purchaser a flexible settlement, and can provide vacant possession in as little as 2 weeks.
