Unit 112/2 Campbell Terrace, Petone, Lower Hutt, Wellington

It doesn't get much better than a guaranteed 6% net return for 5 years!!

Positioned within the sought-after Vela Apartments, this new dual-key residence offers a compelling investment opportunity in the heart of Petone. Comprising a self-contained studio and a separate one-bedroom apartment on a single title, the property delivers two independent income streams with built-in flexibility for tenants or short-term accommodation (subject to body corporate rules).

Modern in design and low-maintenance by nature, this is a smart addition to any portfolio — maximising yield while benefiting from strong tenant demand in a vibrant, well-connected coastal suburb.

Located on the quiet street of Campbell Terrace, Petone, this new complex comes with a roof top garden and is netting the buyer $45,300 + GST per annum (6% net return for 5 years). This is an offer all property investors need to consider.

The vendor is paying all of outgoings (rates, body corporate fees & property management) for five years, it is a truly hands off high yielding and very rare investment opportunity.

Our vendor has a limited number of these properties so get in quick and secure your high yielding investment today.

Call Campbell Venning for more information or to access the property pack - 021 515 085 or campbell@venning.co.nz