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Listing Description

Listed: Fri, 9 Jun

Secure Your Future and Build Your Portfolio

179 High Street, Lower Hutt, Wellington

Enquiries over $640,000

Details

  •   1 Bed
  •   1 Bath
  •   66m² Floor
  •   71m² Land
AttributeValue
Property type
Apartment
Agency reference
BAM01608
Broadband in the area Fibre, ADSL, Cable, VDSL, Wireless

Description

Buyer Enquiry Over $640,000

Discover the perfect investment opportunity at 179 High Street, Lower Hutt. This remarkable near new freehold property offers a ground floor High Street frontage shop spanning 33m2 with a convenient kitchenette and a separate w/c. Additionally, you'll find a fantastic 33m2 one-bedroom apartment on the upper level, complete with an open plan kitchen and living room.

The upstairs apartment boasts modern appliances, including a dish drawer, separate oven, cooktop, and extractor fan. With its contemporary features and stylish design, it presents an attractive living space for tenants. The rental return is impressive, with the apartment fetching $510 per week including GST on a fixed term lease, and the shop is currently generating $19,000 + GST per annum also on a fixed term lease.

Investing in this property is a wise long-term decision. Its prime location on High Street ensures steady foot traffic, offering great visibility and exposure. Lower Hutt is a vibrant and thriving area with a strong local economy, making it an ideal investment.

Whether you're an experienced investor or exploring new opportunities and wanting to create your own superannuation goals this property is a winning choice. The reliable rental income stream provides a solid foundation for your financial growth, ensuring a stable return on your investment.

Don't miss out on this exceptional opportunity. Act now and secure your future with 179 High Street, Lower Hutt. Contact Dean or Alena today to arrange a viewing and discuss the finer details of this incredible investment prospect.

  • Retail Shop with frontage to High Street
  • Shop space includes storage, kitchenette and w/c
  • Separate One bedroom apartment with: Modern kitchen Bathroom with w/c, vanity & Shower Open plan living Fully fenced back yard
  • Currently returning 6.4% p.a plus GST

Text 179highto 3324 for your webbook of this property.


Open home times

No times scheduled

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Agent's details

Enquire about the property

Mark Real Estate, (Licensed: REAA 2008)

Property Partner
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