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99 Coromandel Street, Newtown, Wellington City

A Veritable Treasure Chest

dollar

Negotiation

Apartment
Apartment
Bedroom
24
Bathroom
12
Land area
837m2
Title type
Freehold
Covered park
10
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Property details

Listing # 3301619 | Listed on 13 April 2022

When considering an investment, you can't look past this property, with 12 fully leased two bedroom units it's the perfect fit for those looking to the future.

Located in desirable Newtown, with access to public transport at the end of the street - whether to the eastern suburbs or the CBD and set on a level 837sqm freehold land holding that has the benefit of all day sun all year round.

Set in two blocks, of 6 units each, & providing 10 car parks, this is a trophy residential rental investment that has shown proven returns with upside yearly. Current gross annual rental is $275,600. Opportunity to add value through income increases, land enhancements or possible unit title (subject to approvals) this is a special property in today's market.

RV: $3,000,000. An amazing opportunity not to be missed. Call Colin Rooney or Luke Kershaw for further details

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