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5 Chella Way,
Khandallah, Wellington City
NZD 605,000
Property details
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Agents
Ray White Wellington City: Leaders Real Estate City Limited Licensed (REAA 2008)
Level 1/77 Thorndon Quay, Wellington Central Wellington City 6011
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Chattels
- Stove
- Extractor Fan
- Light Fittings
- Floor Covers
- Blinds
- Curtains
- Drapes
Potential! 2 x 1's + Development Possibility
Purpose-built 1960's two flat property.
Two friends could combine forces to buy together and start on the property ladder.
Will sell way under the RV of $1,030,000!
Currently worst house in an excellent street and suburb.
And maybe the potential to build another house. Subject to approvals. Concept plan and site plan for 160 m2 new house. Disclaimer: Drawings and plan preliminary only. Ray White does not claim these can be built or subdivision done. Buyers advised to take own independent advice.
Two identical one-bedroom flats. Needing exterior paint and a few repairs. Each has a veranda and share the double off-street parking.
Were rented $380 per week each, potential to add value and further grow your rental return. Rates $4,307 pa.
Looks like building on to increase each to three bedrooms might be possible too.
Bus, train and Tennis club are all nearby.
The other option is to live in one and use the other to help pay the mortgage - what a great way to get into your own home and also start investing for your future!
Astute investors will also note the size of the land at 509m2 and the double frontage from Madras Street.
Colin Kelly 021 439 727
Explore the area
School catchments
- Cashmere Avenue School Primary Years 1-6 State 0.56km
- Khandallah School Primary Years 1-6 State 0.62km
- St Benedict's School (Khandallah) Full primary Years 1-8 State integrated 0.87km
- Onslow College Secondary Years 9-15 State 1.2km
- Raroa Normal Intermediate Intermediate Years 7-8 State 1.3km
- Ngaio School Primary Years 1-6 State 1.9km
- West Park School Primary Years 1-6 State 2.0km
- Wellington Hills Christian College Composite Years 1-15 State integrated 2.1km
- St Brigids School (Johnsonville) Full primary Years 1-8 State integrated 2.3km
- Johnsonville School Primary Years 1-6 State 2.7km
- Newlands School Primary Years 1-6 State 2.8km
- Bellevue School (Newlands) Primary Years 1-6 State 3.0km
- Rewa Rewa School Primary Years 1-6 State 3.1km
- Wadestown School Full primary Years 1-8 State 3.3km
- Crofton Downs Primary School Primary Years 1-6 State 3.3km
- Newlands Intermediate Intermediate Years 7-8 State 3.5km
- Newlands College Secondary Years 9-15 State 3.5km
- Queen Margaret College Composite Years 1-15 Private 3.6km
- Wellington Girls' College Secondary Years 9-15 State 3.9km
- St Mary's College (Wellington) Secondary Years 9-15 State integrated 4.1km
- Altum Academy Secondary Years 7-15 Charter 4.9km
- Samuel Marsden Collegiate School Composite Years 1-15 Private 6.3km
- Wellington East Girls' College Secondary Years 9-15 State 6.7km
- Wellington High School and Com Ed Centre Secondary Years 9-15 State 6.7km
- Wellington College Secondary Years 9-15 State 6.9km
- St Patrick's College (Kilbirnie) Secondary Years 9-15 State integrated 7.9km
- Te Ara Whanui Kura Kaupapa Māori o ngā Kōhanga Reo o Te Awa Kairangi Composite Years 1-15 State 8.1km
- St Catherines College (Kilbirnie) Secondary Years 9-15 State integrated 8.4km
- Rongotai College Secondary Years 9-15 State 8.8km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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Contact Colin Kelly
Contact Colin Kelly
Colin Kelly
5 Chella Way, Khandallah 6035
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Colin Kelly
5 Chella Way, Khandallah 6035