Listed: Fri, 27 Feb

6% net return for 5 years!

Unit G13/2 Campbell Terrace, Petone, Lower Hutt, Wellington

Asking price $505,000

1 Bed
1 Bath
1 Living area
38m² Floor
0m² Land

Attribute	Value
Property type	Apartment
Broadband in the area	Fibre, ADSL, Cable, Satellite, Wireless

Click this link to view the Property Files: https://www.propertyfiles.co.nz/property/954480003

Unit G13 | $505,000 (Zero Rated)

A true set-and-forget investment opportunity in the heart of Petone.

Unit G13 is a new 1-bedroom apartment positioned within a modern complex on quiet Campbell Terrace, complete with a rooftop garden and quality shared amenities.

Returning $585 per week + GST, this investment delivers:

$30,420 + GST per annum

6% net return for five years

Vendor-paid outgoings (rates, body corporate levies & property management) for five years

Fully managed structure

Brand-new construction

With holding costs covered and income fixed, this is a rare opportunity to secure predictable cashflow in a market where certainty is increasingly valuable.

The purchase price is $505,000 (zero rated), making this particularly attractive for GST-registered investors.

A limited number of these units are available.

Optional car park available for purchase.

For a full information pack including lease structure, rental guarantee details and body corporate information, contact Campbell today - 021 515 085 - campbell@venning.co.nz.

Click this link to view the Property Files: https://www.propertyfiles.co.nz/property/954480003

Open home times

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Property Files

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Request the files from Campbell.

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Local Schools

IN ZONE sacred heart school (petone)
33 Britannia Street
477 m
Full Primary (Primary & Intermediate), State : Integrated, 147 enrolled
IN ZONE hutt valley high school
84-114 Woburn Road
2.4 km
Secondary (Year 9-13) (Secondary), State, 1945 enrolled
IN ZONE st oran's college
550 High Street
4.1 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 507 enrolled

IN ZONE hutt international boys' school
Granville Street
16.4 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 655 enrolled
UNZONED petone central school
16 Britannia Street
492 m
Full Primary (Primary & Intermediate), State, 175 enrolled
OUT OF ZONE korokoro school
Korokoro Road
1 km
Full Primary (Primary & Intermediate), State, 208 enrolled
UNZONED te ara whanui kura kaupapa māori o ngā kōhanga reo o te awa kairangi
11-27 Victoria Street
1.3 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State, 382 enrolled
OUT OF ZONE wilford school
William Street
1.4 km
Full Primary (Primary & Intermediate), State, 223 enrolled
OUT OF ZONE maungaraki school
137 Dowse Drive
1.5 km
Full Primary (Primary & Intermediate), State, 368 enrolled
UNZONED sacred heart college (lower hutt)
65 Laings Road
2.9 km
Secondary (Year 9-13) (Secondary), State : Integrated, 830 enrolled
UNZONED chilton saint james school
124 Waterloo Road
3.6 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), Private : Fully Registered, 250 enrolled
UNZONED st bernard's college
183 Waterloo Road
3.8 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 668 enrolled
UNZONED raphael house rudolf steiner area school
27 Matuhi Street
4.1 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State : Integrated, 267 enrolled

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.