2/153 Gisborne St, Wellington is a 4 bedroom, 2 bathroom Unit. The property has a land size of 459m2.
Looking for something to put into your investment portfolio that you can set and forget until you're ready to retire? This set of duplexes are part of a community title development which consists of 9 units in total. Both units are leased for $270.00 per week with long term tenants. These units have been an excellent investment for the past 19 years for the current owner, who needs to sell due to changing circumstances. These units would be ideal for a super fund bringing in a steady cashflow. Community title fees are approximately, administration fund $380 per year, $160 per year for sinking fund and rates around $530 per quarter.
Features of both units include 2 bedrooms, both with built-in robes, open plan living with split system air conditioner for heating and cooling and a single lock up garage with remote control.
The size of Wellington is approximately 15.9 square kilometres. There are 9 parks, covering nearly 1.6% of the total area. The population of Wellington in 2016 was 4077 people. By 2021 the population was 4096 showing a population growth of 0.5% in the area during that time. The predominant age group in Wellington is 0-9 years. Households in Wellington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wellington work in a community and personal service occupation.In 2021, 59.20% of the homes in Wellington were owner-occupied compared with 57.70% in 2016.
Wellington has 2,471 properties. Over the last 5 years, Houses in Wellington have seen a 92.01% increase in median value, while Units have seen a 107.16% increase. As at 31 July 2026:
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