Available PropertyFiles:

  • /1. Information Memorandum/
    • Information Memorandum - Villas on Victoria.pdf
  • /2. Tenancy Information /
    • 240_Victoria_Street_Tenanacy Agreement.pdf
    • 240_Victoria_Street_Tenanacy Agreement_Renewal 12_Feb_2023_to_10_Feb_2024 disclaimer.pdf
    • 246_Victoria_Street_Tenancy_Agreement_Lease Renewal 12_Feb_2024_to_11_Feb_2025 disclaimer.pdf
    • 31_Karo_Drive_Tenancy Agreement 8_Feb_2024_to_9_Feb_2025.pdf
    • 33_Karo_DriveTenancy_Agreement_Tenancy Renewal 28_Jan_2024_to_Periodic disclaimer.pdf
  • /3. Floor Plans/
    • Floor Plans.pdf

Property Description

These purpose-built townhouses were specifically to cater to the Wellington residential rental market. Each unit boasts thoughtful design elements, multiple bathrooms, and outdoor areas, ensuring appeal for both tenants and investors.

In a high-profile and central location, these townhouses offer unparalleled convenience. Whether it's a leisurely stroll to the vibrant Cuba Street or a brief walk to the heart of the CBD, residents enjoy the best of Wellington's city lifestyle.

Offering versatility, these 7 townhouses are available for purchase individually or as a portfolio. With separate fee simple freehold titles, ownership is straightforward and hassle-free, no body corporate.

Currently fully leased on an annual basis, these townhouses collectively yield an impressive income exceeding $520,000. The history of strong returns underscores the reliability and attractiveness of this investment opportunity.

• Seven freehold townhouses, available as one or individually
• Constructed in 2017 to the highest standard
• Fully leased with great history - returns circa $520,000 per annum

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Terms of Supply

DISCLAIMER AND STATEMENT OF GENERAL POLICY
The following information has been supplied to Capital Commercial (2013) Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
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Contact Mark Walker

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

+64 4 499 6022   +64 21 320 280   mark.walker@bayleys.co.nz   All Listings

Contact Sarah Lyford

Bayleys

0274970019   0274970019   sarah.lyford@bayleys.co.nz   All Listings