66 Thompson Street, Mt Cook 6011
Outstanding Investment / Development Opportunity
This 2-flat property offers what is unquestionably a rare investment and development opportunity in a prime inner-city location with harbour views, all-day sun and the possibility of future development.
Consisting of two 3-bedroom flats, this property currently returns $1400 – $72,800 per annum. Combine the purchase of this excellent investment with 71 Nairn Street (its neighbour to the rear) to create a sought-after development site, particularly if changes under the Wellington City Council draft spatial plan go ahead.
Both properties are offered by Tender individually or together. A combined gross return of $165,100 per annum offers a very attractive holding income for any investor. Only two owners in the past 50 years is an indication of excellent tenure. Call now and book your viewing appointment with the exclusive marketing sales team:
- 6 bed
- 2 bath
- Total Land Area: 168 m²
- Fully Fenced