1R/16 Vinegar Lane Ponsonby

Property ID:AU5GUK

Property Snapshot

Yellow background images
  • Area: 55m2

PONSONBY BLUE CHIP INVESTMENT

1R/16 Vinegar Lane Ponsonby

Property Snapshot

Yellow background images
  • Area: 55m2

Wellington Investors are cashing up - asking $639,000

Entry level buying here with this newly built building, with a new, secure 3x2x2 year lease in place with 2 car parks and personal guarantees, may show an approx. 5.5% net return.

The Trustee Valuation is $670,000 and the owners are ready to meet the market.

Vinegar Lane is a trendy up-in-coming area, almost next door to the Countdown Supermarket and surrounded by other newly built Commercial and Residential developments.

For the information pack: contact Steven Glucina 021 888 455 sglucina.ponsonby@ljh.co.nz

Or Rick Bush 021 950 276 rbush.ponsonby@ljh.co.nz

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Contact the Agent

Steven Glucina - profile image
Rick Bush - profile image