Portfolio performer - 75 residential units


1341,1341A,1341B High Street, Lower Hutt

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Portfolio performer - 75 residential units | 1341,1341A,1341B High Street, Lower Hutt | 3252311 |      X Close
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Portfolio performer - 75 residential units


The ultimate low risk investment - 75 Units over 7 buildings on a 6498sqm site in northern Lower Hutt.

The building comprises 63 bedsits, 10 one bedroom and 2 two bedroom units in 7 separate blocks that have been professionally managed and maintained and are well suited to this location.

This property has a sound lease history and provides an investor with a low risk managed investment

- Net rental - currently returning $580,000 after full management and maintenance

- Rent growth potential, the rental market has continued to strengthen

- Up to $80,000 upside in rentals

- Taita - a great rental location close to transport, park and convenience shopping

1341,1341A,1341B High Street, Lower Hutt

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