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. Flexibility is the key here, and our owners are open to considering all offers prior to the close of Tender.
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.
Tender closes Thursday 16 October 2025 at 4.00pm, Harcourts Upper Hutt (unless sold prior).
The owners are motivated and will consider all offers at any time prior.
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.
