Five individual two-bedroom units, each approx. 61sqm (more or less), are available to purchase either individually or together as a block. Whether you're a first-home buyer looking for a standalone option, an investor wanting to strengthen your portfolio, the choice is yours.
With gross returns sitting between 6% - 6.5%+, the numbers already make sense. Add in the popular Upper Hutt location and the potential long-term growth, and this becomes an opportunity worth serious consideration.
Each unit offers two bedrooms, living space, and either a garage or off-street parking. Heating is a mix of heat pumps and electric heaters, ensuring compliance and tenant comfort year-round. With tidy interiors and long-term tenants in place, these homes are performing well now, still leaving room for future improvements or value-adds.
Unit 1
- Approx. 61sqm
- 2 bedrooms
- Heat pump
- Garage
- CV $510,000
Unit 2
- Approx. 61sqm
- 2 bedrooms
- Electric heater
- Garage
- CV $490,000
Unit 3
- Approx. 61sqm
- 2 bedrooms
- Heat pump
- Off-street parking
- CV $490,000
Unit 4
- Approx. 61sqm
- 2 bedrooms
- Heat pump
- Off-street parking
- CV $490,000
Unit 5
- Approx. 61sqm
- 2 bedrooms
- Heat pump
- Garage
- CV $500,000
This is a rare chance to own a slice - or the whole pie - of Fergusson Drive. For investors, the appeal is obvious with immediate cash flow. For first-home buyers, the option to purchase one of the individual units provides an entry point into the property market.
Price by Negotiation
For further documents, visit: https://www.agentsend.com/590AFERGUSSONDRIVE
To arrange a viewing, please contact one of the team today. Viewing is by appointment only.
