<b>Investor's Lucky Find</b>
Location is the key for rental properties. This two flat property is a money maker in a dream location close to Victoria University's Kelburn Campus and Wellington City, and has never been untenanted in the 12+ years the owners have had the property. The upstairs flat has three large bedrooms, all with good built in storage (great for students on a budget with little furniture). The large lounge includes a flued gas heater. The kitchen includes the laundry and the bathroom comprises a shower box, vanity and toilet.
The downstairs flat has two double bedrooms - again both have good built in storage. The laundry is included in the bathroom together with a shower box, vanity and toilet. A lounge and wide hallway complete this flat. Dual walk-on access is provided to the property from the walkway between Upland Road and Glenmore Street. Bus services are at the top and bottom of the walkway. Currently the combined rental return is $940 per week, and the 2015 CV is $640,000. Make your dollars work for you for with this investment.