36 and 36a Camp Street , Trentham, Upper Hutt

INVESTORS ACT NOW!

By Negotiation over $1,200,000

A SOLID INVESTMENT OPPORTUNITY!
Attention Investors, Developers, Landlords, Community Groups!
TIGHTLY HELD since 1986 and SELDOM available, these 9 x one bedroom+ study units on TWO titles are in a convenient location and are being offered for sale, with the option to either buy a block of 4 units, or a block of 5 units or buy BOTH titles comprising of 9 units.
This prime investors dream gives potential to add value with excellent returns and long term tenants.
An opportunity exists for a smart Investor to make this a development of upmarket smaller units to suit a downsizing market of stable buyers looking for retirement options, or perhaps upgrade and keep as an excellent retirement fund option.
Each unit consists of a double bedroom; study (approximately 2m x 2m) lounge/living area, separate kitchen, separate bathroom/combined laundry. There is plenty of parking too.
They are within an easy walking distance to shops, and the train with access to parks, bus, medical facilities and an easy drive to Westfield, or to the city.
Annual Gross return $96,720 per annum
Potential to increase rentals to $220 per week for all units ($102,960 Gross)
Rates $8,761.80 (inclusive GST) per annum
( If sold separately, the contract will be subject to a right of way being registered on the titles by the vendor)

People with vision and energy, will see this investment as an opportunity second to none.

Call me now for more details or for a Property information Memorandum.

KATH CONNOLLY
Mobile 021 204 7875