Residential
More from realestate.co.nz:
Agents News

164 The Ridgeway, Mornington, Wellington City

Mornington Makeover- Home and Income

dollar

Tender

House
Home & income
Bedroom
5
Bathroom
2
Floor area
210m2
Land area
516m2
On this page:

Open homes

Sunday
3:00pm - 3:30pm
08
Mar

Tender

Thursday
1:00pm
26
Mar

Property details

Listing # KOR30793 | Listed on 4 March

Bring your architect and builder to unlock the great potential of this 1945 home-and-income opportunity. While the downstairs two-bedroom flat requires immediate attention, the three-bedroom upstairs flat-boasting views of the western hills-offers an immediate income stream to support you while you plan your improvements. Historically returning $700 per week in rent upstairs and $600 downstairs, this property has proven cash flow with significant room for growth, whether you choose to renovate the existing property or fully redevelop the site. Perfectly positioned near schools, shops, and public transport, this "as is, where is" sale represents a rare opportunity for motivated buyers to secure a fruitful investment.

Your notes
Add notes for your personal reference. This can only be seen by you.

Additional features

Other park
2 other parks
Water closet
2 Separate toilets

Schools and childcare in the area

$
$
% p.a.
years
$0 per week
Contact the agent
Name  (required)
Email  (required)
Phone  (required)
I'd like to enquire about:
Your message
A young family with pets illustration