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

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Property Files

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Local Schools

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