Currently rented comes the ultimate investment opportunity where you’re only limited by your imagination in a handy central location.
Featuring a large sunny communal lounge, 8 leaseable rooms supported by 2 kitchens, 2 bathrooms and 2 laundries plus 2 double garages (also rented) with elevation lying well for sun and suburban outlooks.
Currently returning 7.2% after expenses (which includes rates, power, internet, cleaning services and insurance) with exponential potential to increase income.
Formerly ‘The Linden Guest House’ the property would make an easy conversion back to multi-generational family living with scope for an Air B&B, back-packers, student hostel or supported living operation.
Within walking distance to Linden train station with comprehensive amenities 4km away in Porirua and close proximity to arterial routes.
Presenting in overall tidy condition that would respond superbly to a refreshing – Builder’s Report, LIM and current valuation available on request – contact Tamsin for further details to arrange inspection.
Marketed by Tamsin Davidson
Innov8 Ltd - Licenced under REAA 2008
Rateable Value: 750000