At a purchase price of $500,000 and above with a projected rental appraisal of $420.00 to $440.00 on each unit per week, this could see a gross return between 7.9% to 8.7% - subject to verifying Healthy Homes Standards.
An income opportunity right away with established tenants in one side and the chance to rent or even move into the other, this double delight of a classic Kiwi weatherboard & tile roof house is well worth consideration in suburban Waverley.
Two mirrored independent units on one title with separating fencing for the front and large backyards, both with two bedrooms, front living rooms with heat pumps, separate rear laundries and bathrooms off the hallway.
Start with a viewing of the vacant 35 Wilson Street side which has had fresh carpet and painting renovations as the fresh, neutral palettes give the interior a move-in ready feel.
The hot water cylinder is located in the tidy and practical kitchen, with good bench space and storage.
The bathroom has the toilet, glass shower and contemporary vanities.
Both units have off-street parking space at the front and a combined small storage shed with a dividing wall at the fenceline.
Current Rates - South Taranaki District Council: $6127 + Taranaki Regional Council: $348.60 = $6,475.60.
Property Files and associated property documents can be downloaded at this link: www.arizto.co.nz/property-search/33-35-wilson-street-waverley
You can view the full 4K video online as well as the floor plan.
Don't hesitate to contact Steven and Jared on 0800 176 4321 to discuss the property and potential viewing times for serious buyers.