This listing has No photo
Listing Description
2x2br 56sqm units UHutt CBD suit FHB or investor
E & F /47 McParland street , CBD, Upper Hutt , Upper Hutt, Wellington
To be sold by tender (closes on 30 Apr)
Details
| Attribute | Value |
|---|---|
| Property type | Unit |
| Capital value (CV) | $420,000 |
| In the area | Pak & Save supermarkets 2 blocks away , CBD Upper Hutt within walking distance |
| Broadband in the area |
Description
VIEWING TIMES BY APPOINTMENT ONLY BY TEXTING TO 0274452128
Close tender , investors sell up 1970s built 2 upstairs units of 2bedrooms each -total 56sqm living space units on Mcparland street, CBD Upper Hutt ( in block of 6 units -3 upstairs and 3 downstairs)
Each unit is rented out at $250per week (rental income is approximately 50% of average Upper Hutt CBD rent for 2 bedrooms and rent has not been reviewed for last 5 years) . Currently 2 out of 6 units in the block are owner occupied, rest are tenanted. Units are suitable for owner occupiers or tenants. Current tenants own a dog. Both units needs various degrees of upgrades internally to suit .
Rental income per annum is ($250 per week) -$12500pa less UHCC rates $2767pa less $1850 pa body corporate fees that covers only block insurance and lawn mowing.- leaves cash surplus of $7883 . UHCC capital value of each unit is currently $420k.
Limited viewings only on every Monday 5pm at 47E & 47F McParland street, Upper Hutt ( near Pak&Save supermarket ) by confirmned appointments by texting to Jack at 0274452128, Due to tenants restrictions- no other times of viewings are available.
Buy one or both ! Investors quitting after owning units for over 30 years! Suit first home buyers - currently 2 out of 6 owners in the block are owner occupiers.
Tender documents will be emailed out to serious enquirers only . Real estate sales agents please do not enquire. Tenders close 1pm 31APRIL2025 - lowest tendered price may not be accepted- Tenders can be submitted by emails or your printed hard copies of tender documents. Please seek your own legal advice before proceeding.
Enquiries can only be made via Trade me advert placed. The seller is also the treasurer/secretary of the body corporate.
Jack Ho mailto:jho2011ic@gmail.com personal mobile 0274452128 Wellington; New Zealand
Open home times
Property Files
Discover more about this property.
Request the files from jackhobiblesoc.