2 Moncrieff Street, Mt Victoria 6011
9 Reasons to Invest
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.
- 9 bed
- 9 bath
- 7 Parking Spaces
- Total Land Area: 372 m²
- 2 Garage
- 5 Carport