Wellington
4 bedroom + 2 bedroom
Two houses · 250m² floor area · 739m² land
Overview
About this property
A multi-income Wellington property comprising a 4 bedroom, 2 bathroom house and a 2 bedroom, 1 bathroom house, generating $1,400 per week in combined rental income across 250m² of floor area on a 739m² site.
With two self-contained dwellings, this property offers diversified tenancy risk and strong day-one cashflow. Suitable for investors seeking a multi-income Wellington asset.
Two income streams
| Configuration | Weekly rent | Annual |
|---|---|---|
| 4 bedroom, 2 bath house | $800 pw | $41,600 |
| 2 bedroom, 1 bath house | $600 pw | $31,200 |
| Total | $1,400 pw | $72,800 |
| Option: rent by room - 6 bedrooms @ $295 | $1,770 pw | $92,040 |
The rent-by-room figure is an alternative configuration, not additive to the total above.
Why this property
- Multi-income Wellington property with 4 bedroom and 2 bedroom dwellings
- 9.0% - 11.0% gross yield with $250 pw cashflow positive after all expenses, based on 100% borrowing *
- $72,800 - $92,040 annual gross rental income across two self-contained dwellings
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* Cashflow figures are based on 100% borrowing at current interest rates and after expenses including rates, insurance and property management. Individual results may vary. This information is provided as a guide only and does not constitute financial advice.