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Bayleys Hutt Valley, (Licensed: REAA 2008)
Matt Hourigan Matt Hourigan

13A/92 and 13B/92 Cambridge Terrace, Waterloo

Asking price $780,000

Listing Description

Listed: Thu, 28 Nov

Exciting opportunity in a prime location

13A/92 and 13B/92 Cambridge Terrace, Waterloo, Lower Hutt, Wellington

Asking price $780,000

Details

  •   2 Beds
  •   2 Baths
AttributeValue
Property type
Townhouse
Agency reference
3327951

Description

Exciting Dual-Key Opportunity in a Prime Location Built by one of the renowned developers in the Hutt Valley, this unique dual-key property offers versatility and value unmatched by many new builds. Whether you're looking to live in one and rent out the other or maximize your income with two rental streams, this property ticks all the boxes for a smart, long-term investment.

What Makes This Property Stand Out? The dual-key format features two self-contained one-bedroom units, each with its own entrance and services, all on a single title. One unit is conveniently located on the ground floor, while the other sits above, offering privacy and flexibility. Perfect for a range of scenarios—live in one, rent the other, or rent both for dual income.

Financial Highlights With an estimated combined weekly rental of $1,200, totaling $62,400 annually, and expenses projected at $10,600 per annum, the numbers speak for themselves. Comparable units in the development have shown strong performance in both short-term rentals like Airbnb and long-term tenancies.

Flexible Ownership Options Looking to purchase with friends or family? This is a great opportunity to share the investment while enjoying the benefits of separate, self-contained spaces designed for modern living. Each unit comfortably accommodates a sole occupant or couple, with thoughtfully planned layouts that optimize space.

Unbeatable Location Situated just 150 meters from Waterloo shops and with quick access to train links connecting you to Upper Hutt and Wellington CBD, this central Lower Hutt location is hard to beat. Convenience is built into the lifestyle here.

Key Features You'll Love

  • This unit is the end unit, making it the pick of the bunch!
  • Open-plan living: Well-designed kitchen, dining, and living spaces for both units.
  • West-facing balcony: Upstairs unit captures the evening sun for a warm, inviting vibe.
  • Split rental risk: Two tenancies mean diversified income.
  • Energy-efficient design: Above-code insulation and double glazing keep energy costs down.
  • Custom kitchens: High-quality finishes to elevate daily living.

Ready to Take the Next Step? Schedule a viewing today or get in touch for a full breakdown of the investment figures. This is your chance to secure a versatile property in a prime location—don’t let it slip by!


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Agent's details

Matt Hourigan

Matt Hourigan

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Bayleys Hutt Valley, (Licensed: REAA 2008)

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