Price by Negotiation over $3,200,000

2 Moncrieff Street, Mt Victoria 6011

9 Reasons to Invest

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9
7

Mount Victoria is gold standard investment real estate and here we have found a rare opportunity to purchase 9 Flats on one title in one of Mt.Victoria’s most sought after streets. Wellington City amenities are all at your doorstep. Currently 6 of the 9 units are leased out with an average rental income of $520 per week approximately, The current total rental assessment is $4,820 per week approx. or $250,640 per year approx..
All are studios with separate kitchens. This property also boasts 5 carparks, 2 garages, managers office/storage/workshop and 6 storage units.
This property will appeal to investors or developers alike.
There are multiple options here for an astute investor. This property represents a very attractive passive income stream and development opportunity.

The vendors are very keen to see offers so give me a call for a private viewing. All property information will be provided upon inspection.

Property Features
  • Unit
  • 9 bed
  • 9 bath
  • 7 Parking Spaces
  • Total Land Area: 372 m²
  • 2 Garage
  • 5 Carport
  • Workshop
Consent
Hidden