Commenting & predicting the Wellington New Zealand, and New Zealand property markets.
Friday, July 10, 2009
Yields In Wellington. Two Recent Sales of Good Buys
6 Br plus 1br house Kilbernie heights, Good panoramic sea views,( A bit like on my twitter site) there was potential to sell a bit of land (possibly) . Big, 200m2 dwelling. Sold recently on potential 8% yield.
Great 5 br house plus sleepout in Newtown, sold recently on 7.9% gross.Pretty, (although it dosnt look great in this shot) big rooms, good location.
You should be able get money between 6 & 7%rate, if you can get some!. Not too easy for investment, but possible.
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