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Wellington City

Unit 27, 305 Evans Bay Parade, Hataitai

Price

NZD$405,000

Property ID WEL10190


bed

4

bath

2

car

2

floor

151 sq m


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If you want to make your money work for you, investment's do not come much finer than this.... the opportunity to purchase a very spacious four bedroom townhouse, with two bathrooms; off street car parking; indoor/outdoor flow to balconies and courtyard; in a highly desirable seaside location in popular Evans Bay - just a quick drive around the bays into central Wellington or in the other direction to Wellington airport and the trendy culinary scene of Miramar Peninsula and Rongotai/Kilbirnie shopping.

More important is the capital gain potential offered by this unique townhouse complex. Let's be clear, The Greta Point complex does have weathertightness issues and the pro-active body corporate are in the late planning stages for a full remediation project, which will involve replacement of the exterior with products that the market trusts, bringing the complex up to modern code, and increasing the value of these townhouses so very much!

In addition to the purchase price, the next owner will need to contribute towards the cost of this project, and as such this townhouse is suitable as a home or investment for cash buyers, or those who are able to lend against the value of other assets. First home buyers will not be able achieve lending. For those who are in a financial position to purchase this townhouse - the profit potential is absolutely worth the risk - enquire today!

Join the many savvy investors who have recently purchased into The Greta Point!

Mike Newman

Mike Newman

Wellington

Cell Phone+64 27 434 5490

Emailmike.newman@nzsir.com

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