41 Kainui Road Hataitai, Wellington City

This well maintained 3 flat investment property has enjoyed 100% occupancy for the last 20 years and has a current yearly income of $100,620PA. It meets current healthy homes criteria including the July 2021 heating standard.

41A - 4 double bedrooms rented for $845pw fixed to 05|02|21. Reroofed in 2003, with heat pump and HRV. On a slab , Most exterior walls and ceiling insulated. Enjoys sea views.

41B - 2 double bedrooms rented for $490pw fixed to 12|02|21. Reroofed in 2003, with heat pump and HRV. Ceiling and underfloor insulation.

41C - A separate standalone 2 level 1 bedroom cottage with 2 living areas and generous decking, enjoying sea views. returning $600pw and fixed to 12|02|21. Reroofed in 2018, with 2 heat pumps and a log burner. Ceiling, wall and underfloor insulation.

These types of investment properties are becoming harder and harder to find. Combine this with historically low interest rates, the shortage of desirable rental accommodation plus the highly sought after Hataitai location, makes this an opportunity not to miss!

This investment beauty will not only appeal to the astute investor but could have potential as a home and income option.

With interest rates now under 3% and predicted to fall further, now is a great time to invest.

We have a comprehensive information pack including vendor's history of maintenance, builders report and lim. Please email for viewing times.

Price guide from $1,450,000