Currently configured as 1 x four bedoom flat and 1 x three bedroom flat this property is a great opportunity. Representing good value with the current yield but equally there is the option to return to a large family home or the 407sqm site is ripe for redevelopment.

Rented at $1,075 p/wk this property is returning approximately 7% gross, based on the enquiry price.

There is a front courtyard, rear garden and two off street car parks.

Situated in one of Newtown's favourite streets, this property is 30 seconds walk away from the shops, an easy walk to the Hospital and near the main bus route into the city!

For Sale by Tender (vendor reserves the right to sell prior), closing Midday, Wednesday 15 March 2017 at Tommy's Real Estate, 209 Victoria St, Wellington.