Khandallah 4 / 4A Ganges Rd

Positioned to enjoy the surplus cash flow that low interest rates yield and the capital gains that Wellington is enjoying, jump on the
Wellington property market escalator as we play catchup to the other main cities in Australasia. Why put your money in the bank
at 2% this is a perfect family trust type investment proposition, an excellent passive investment with a solid rental return.

Split risk commercial/residential investmentTop suburban growth locationSolid tenancy history and long term lease in placeWell constructed buildingStable tenancy profilesCrunch the number's, this is a goody!
Commercial
Tenanted to Animates and run as veterinary hospital, cattery and animates retail shop.
Annual Rental : $103,773.91 (plus gst)
Term 3 Years: Renewal 2 x 3 years each - Commencement 1 April 2015 - Final Expiry 21 March, 2024

Residential
Large 160sqm 1970's house, expansive decking, 4 double bedrooms, large living area, elevated views, expansive windows with good sun/light
Annual Rental: $30,160 ($580pwk)

Total Rental: $133,933.91 Gross Per/Annum (excluding gst if any)

Rates: $11,703.71 per annum (combined)
Land Area: 673 sqm

Viewing Strictly By Appointment (residential photos unavailable)