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Team Group Realty Limited, Harcourts Upper Hutt, (Licensed: REAA 2008)
Scott Ledger Scott Ledger

590a Fergusson Drive, Trentham

Price by negotiation

Listing Description

Listed: Tue, 16 Sep

Investment Block - 6% to 6.5% Potential Return

590a Fergusson Drive, Trentham, Upper Hutt, Wellington

Price by negotiation

Details

  •   6+ Beds
  •   5 Baths
  •   5 Living areas
  •   305m² Floor
  •   1393m² Land
Other Features
  •   5 Separate toilets
  •   3 Garage parking
  •   5 Off-street parking
AttributeValue
Property type
House
Parking
3 garage spaces, 5 open spaces
Agency reference
UH26464
Broadband in the areaFibre, ADSL, Cable, Satellite, VDSL, Wireless

Description

Five individual two-bedroom units, each approx. 61sqm (more or less), are available to purchase either individually or together as a block. Whether you're a first-home buyer looking for a standalone option, an investor wanting to strengthen your portfolio, the choice is yours.

With gross returns sitting between 6% - 6.5%+, the numbers already make sense. Add in the popular Upper Hutt location and the potential long-term growth, and this becomes an opportunity worth serious consideration.

Each unit offers two bedrooms, living space, and either a garage or off-street parking. Heating is a mix of heat pumps and electric heaters, ensuring compliance and tenant comfort year-round. With tidy interiors and long-term tenants in place, these homes are performing well now, still leaving room for future improvements or value-adds.

Unit 1

  • Approx. 61sqm
  • 2 bedrooms
  • Heat pump
  • Garage
  • CV $510,000

Unit 2

  • Approx. 61sqm
  • 2 bedrooms
  • Electric heater
  • Garage
  • CV $490,000

Unit 3

  • Approx. 61sqm
  • 2 bedrooms
  • Heat pump
  • Off-street parking
  • CV $490,000

Unit 4

  • Approx. 61sqm
  • 2 bedrooms
  • Heat pump
  • Off-street parking
  • CV $490,000

Unit 5

  • Approx. 61sqm
  • 2 bedrooms
  • Heat pump
  • Garage
  • CV $500,000

This is a rare chance to own a slice - or the whole pie - of Fergusson Drive. For investors, the appeal is obvious with immediate cash flow. For first-home buyers, the option to purchase one of the individual units provides an entry point into the property market.

Price by Negotiation

For further documents, visit: https://www.agentsend.com/590AFERGUSSONDRIVE

To arrange a viewing, please contact one of the team today. Viewing is by appointment only.


Open home times

No times scheduled

Property Files

Scott Ledger

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Team Group Realty Limited, Harcourts Upper Hutt, (Licensed: REAA 2008)
Scott Ledger

Scott Ledger

464 Reviews
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Agent's details

Scott Ledger

Scott Ledger

464 Reviews
Mike Ledger

Mike Ledger

464 Reviews

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Team Group Realty Limited, Harcourts Upper Hutt, (Licensed: REAA 2008)

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