Are you a cashed-up investor searching for strong returns and long term capital gain? Where else in pricey Wellington City, with values still soaring, can you find a large, low maintenance seaside townhouse for only $435,000?
In Evans Bay, beside the sea, lies this classy four bedroom townhouse designed for easy living and blissful lifestyle. Stylishly appointed with sophisticated fit-out and contemporary decor, the ground floor hosts a spacious guest/master suite with private bathroom and courtyard, plus an internally accessed garage. Three bedrooms and main bathroom await on the level above. The highest point offers the pinnacle of modern living; with spacious lounge, dining and kitchen combined as a hub for entertaining, whilst the bonus separate lounge next door is the heart of family living.
Currently tenanted until May 2018, the weekly return of $625.00 equates to over 7.4% gross rate of return per annum.
Weather-tightness issues identified within The Greta Point complex have prompted the progressive body corporate to plan for a full exterior upgrade project, the costs of which will be met by owners and are factored into the price.
Minimal pain for long term capital gain!