1/652 Fergusson Drive, Trentham, Upper Hutt, Wellington

Property features

• Company Levies $5,400 PA
• Heat pump
• Great investment potential
• 2 well sized bedrooms
• Good sized bathroom with double heated towel rail
• Insulation in the ceiling and underfloor
• Brick & Weatherboard exterior cladding
• Modern kitchen with stylish tile splash back
• Central location
• On 110 bus route with bus stop almost directly outside property
• Low maintenance section
• Close to local dairy and shops
• Located next door to BUPA rest home

Welcome to 1/652 Fergusson Drive, positioned for practicality and long-term peace of mind, this well-presented two-bedroom company share offers a smart opportunity for both investors and entry-level buyers looking to secure a solid asset.

As a company share property, ownership is structured differently from a traditional freehold title. When purchasing a company share, rather than purchasing land itself you are purchasing shares in the company that owns the building and the land (which is 25% shares in total in this company). These shares grant the exclusive right to occupy this particular unit. Along with the ability to occupy, purchasing into this company also gives you the ability to rent it out (subject to approval from the other shareholders), this is a rare opportunity as most company shares cannot be rented out. The monthly company fees ( $450 per month ) cover key outgoings including external upkeep, rates and building insurance, providing an excellent and simplified, all-in-one approach to ownership and ongoing costs.

Inside this home it has been modernised throughout, featuring a light and bright kitchen with a laundry area that was thoughtfully designed to maximize space and functionality. The light-filled living spaces create a comfortable, low-maintenance environment, while two well-proportioned bedrooms are serviced by a tidy central bathroom.

Externally, the solid brick and weatherboard cladding gives a dependable and durable exterior, alongside with the bonus of being on the 110 bus route, a short walk to Wallacville train station or a stroll next door to the BUPA rest home.

As a company share that can be rented out, this property offers flexibility and investment potential, making it an attractive addition to any portfolio or an affordable steppingstone into the market, this property is overall a rare find.

Modern where it counts, solid where it matters, this is smart buying with real upside.

Call Rachael or Deneika today to find out more or text "1/652ferg" to 3324 for a copy of the digital information packet.