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Views in Wadestown for Circa $650,000!

123 Barnard Street, Wadestown, Wellington 6012

Enquires over $925,000
4 Beds
2 Baths
2 Garage
184sqm Floor
1325sqm Land

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  • •What did you say? Yes, here at last is an affordable, elevated home and income that enjoys sweeping city and harbour views. Using the income from the 1-bedroom apartment below, the mortgage to you as an owner would be circa $650,000. So, make the smart move to a premium suburb with the help of your tenant! Comprising a home of 3 double bedrooms and a large one-bedroom income or granny flat, this property offers:
  • •Spacious living areas
  • •Magnificent sea and CBD views
  • •Fabulous indoor/ outdoor flow
  • •Walk-on access
  • •Lovely bush-clad setting
  • •Further potential and rental upside
  • •Double garage
  • •Last rented at $750/ week up, $425/ week down, and currently $50/ week for garaging
  • •Rental assessment at $1,255/ week
  • •Help with the mortgage of circa $283,000 @ $400/ week, on principal and interest on a 30-year term at 6.19% when renting the 1-bedroom flat (Source: Moneybox)
  • •Essentially, this means a 3-bedroom home would be circa $650,000

A fantastic opportunity in this locale, and a short stroll to the city. This is a brilliantly positioned home and income or investment property in a popular city fringe location. Nest and invest- the best of both worlds!

Please note- the last 3 photos have been virtually staged.

Contact Agent
Mark Hamilton

Mark Hamilton

021573506
Email Mark
Property Information
Listing IDT24570
Year Built1928

Local Schools

Te Ara
0.5 km
7 Fore Street , Kaiwharawhara | Activity Centre, State, null enrolled
Queen Margaret College
1.2 km
53 Hobson Street , Thorndon | Composite, Private : Fully Registered, 727 enrolled
Wadestown School
1.4 km
Rose Street , Wadestown | Full Primary, State, 264 enrolled
Thorndon School
1.4 km
20 Turnbull Street , Thorndon | Full Primary, State, 285 enrolled
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