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Te Aro

31-35 Karo Drive and 240-246 Victoria Street, Te Aro, Wellington

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5 Bedrooms
4 Bathrooms

For Sale by Negotiation

Central contemporary townhouses


Opportunity to buy one, some or all 7 freehold townhouses.

These purpose-built townhouses were specifically to cater to the Wellington residential rental market. Each unit boasts thoughtful design elements, multiple bathrooms, and outdoor areas, ensuring appeal for both tenants and investors.

In a high-profile and central location, these townhouses offer unparalleled convenience. Whether it's a leisurely stroll to the vibrant Cuba Street or a brief walk to the heart of the CBD, residents enjoy the best of Wellington's city lifestyle.

Offering versatility, these 7 townhouses are available for purchase individually or as a portfolio. With separate fee simple freehold titles, ownership is straightforward and hassle-free, no body corporate.

4x five bedroom, four bathroom townhouses
2x five bedroom, two bathroom townhouses
1x three bedroom, one bathroom townhouse

When fully leased these townhouses collectively yield an impressive net income of circa $370,000 per annum. The history of strong returns underscores the reliability and attractiveness of this investment opportunity.

•Seven freehold townhouses, available as one or individually
•Constructed in 2017 to the highest standard and 100% NBS
•Great history - impressive net income of circa $370,000 per annum when fully leased

To obtain copies of all supplementary documents please register your details at: www.propertyfiles.co.nz/3306773

Madi Cowan

Madi Cowan

Residential, City Living and Apartment Sales

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Mitch Agnew

Mitch Agnew

Residential and Apartment Sales

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Location


Central location, a short walk to the vibrant Cuba Street and minutes from the heart of the CBD.

Outdoor living


Multiple outdoor living areas.

Floor area


Ranging from 60sqm to 131sqm (more or less).

Opportunity


Seven freehold townhouses available as one or individually.

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

Request more information

Contact us and have your questions answered.