Wellington, Lower Hutt
10 Bedroom - 280m2 - $2,200 pw - 12% Gross Yield
10 Bedrooms · 6 Bathrooms
Price
$995,000
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12%
Gross yield
$2,200 pw
Weekly rent
+$400 pw
Weekly cashflow

Why this property

  • Strong 12% gross yield with $400 pw cashflow positive after all expenses
  • Large 280m² floor area on a 754m² section - significant land holding
  • 10 bedrooms across a substantial home - high rental demand
  • $114,400 annual gross rental income
  • Wellington location with strong tenant demand

About this property

A substantial 280m² Wellington property generating $2,200 per week in rental income. With 10 bedrooms and 6 bathrooms across a well-configured layout, this property delivers strong cashflow from day one.

Sitting on a 754m² section, this is a rare combination of high yield, significant land area, and strong weekly cashflow. Suitable for experienced investors seeking a high-income Wellington asset.

Financial summary

Purchase price$995,000
Weekly rental income$2,200 pw
Annual gross income$114,400 pa
Gross yield12%
Bedrooms10
Bathrooms6
Floor area280m²
Land area754m²
Council rates$5,255.53 pa
Insurance$5,801.89 pa
Cashflow positive$400 pw