A tightly held opportunity in the heart of Mount Cook, 19-21 Hopper Street presents a diversified investment underpinned by secure cashflow and quality residential income.
With a 15 year (plus Right of Renewal) lease to a national childcare operator and fully leased apartments above, this property delivers both stability and upside in a prime city fringe location.
The property was fully EQ strengthened to the required level in 2011, when the childcare opened, and the apartments were refurbished in late 2024.
The property is unit titled in 4 separate freehold titles.
Positioned within close proximity to Wellington CBD, tertiary institutions, and key transport links, this is an investment designed to "tick all the boxes" for astute purchasers seeking reliable returns and long-term growth.
To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/19to21hopperstreet_
- Net income circa $235,000pa
- Long-term net lease to Millie's House childcare
- Three refurbished apartments - fully leased
- Split-risk investment in prime city fringe location
