153 Gisborne Street

The Phone Code for this property is: 80265. Please quote this number when phoning or texting. FIVE VIILA STRATEGIC WELLINGTON INVESTMENT This strategic investment holding of 5 modern air conditioned 2 bedroom villas with garages in Wellington returns $2.090 per week. This well designed and modern brick boutique development of only 9 villas has excellent street appeal with wide driveways and plentiful onsite parking & gardens. Spaciously laid out and located opposite both the hospital and high school they are in a desirable part of the town and close to all the amenities of Wellington CBD. Even bbeter, their combined 3 freehold titles are under the highly preferred community title legislation, minimising cost and avoiding strata title dysfunction. Community annual fees are just $610 per annum each This this is a strategic holding and the perfect balance between title yet owners' independence, and the holding provides a controlling interest in the scheme for security of management. Wellington has seen substantial re-invention and growth over the last few years, resulting in high demand and so very low vacancy rate. The combination of building quality, age, location, complex size, income and capital growth makes the offering perfectly suited to SMSFs, personal or corporate investment, or a strategic institutional holding representing over 6% return on investment PLUS capital growth.