SOLD - This listing was sold in December 2019.

Absentee owner says sell! Nine-bedroom investment property in top city location (27 Arlington Street) - walk to Cuba Street, Massey University and all city amenities. Positioned in quiet city cul de sac with single garage and parking available. Excellent rental history - seldom vacant. Previous return as two flats was $2050 per week - potential return as 9 bedrooms including sleepout at least $1980 per week. Although this property is in good condition, some Wellington City Council compliance standards are required to be met for rental as two flats. Here is an outstanding auction opportunity to acquire well-located, freestanding real estate. Only two owners in 23 years is testament to a successful, easily tenanted, income-producing property. Highly recommended! Viewing by appointment only.
To be sold by Auction, Friday December 13, 2019, at 12pm, 54 Cambridge Terrace, Wellington.