219 Onepu Road, Lyall Bay, Wellington

Investments do not get better than this!

Taking pride of place on the corner of Lyall Bay Parade and Onepu Road the historic Lyall Bay Tearooms underwent a complete refurbishment just two years ago. With the Botanist on the ground floor and two quality, two bedroom apartments above this is a very attractive split risk investment.

The Botanist has over 9 years to run on their first term of the lease. One residential apartment is leased to a permanent resident on a monthly basis the other is leased via Airbnb, this style of letting could increase the potential income.

Total net income from the property is around $131,000 per annum, with room to improve.

This is really a special opportunity to secure an A grade investment property that will provide a very steady income stream for years to come.

To obtain a full information pack on the property, including all Supplementary Documents please register your interest here: http://www.propertyfiles.co.nz/property/3251986