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Wallaceville

102 Martin Street, Wallaceville, Upper Hutt

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1,012sqm Land area SQM
8 Offstreet

The King of Cashflow


An exceptional and rarely available opportunity to secure eight two-bedroom flats on a single title, sitting on 1012sqm (more or less) and configured as two, well-maintained, blocks of four.

Returning in excess of $200,000 per annum, this proven investment offers strong, consistent income backed by an excellent occupancy history. Presented in good condition and currently under professional management, this is a true set-and-forget asset.

Ideally positioned within walking distance to the city centre and public transport links, the property is highly attractive to tenants. Ample on-site parking further enhances its appeal and supports ongoing demand.

Caringly owned by the same family for over 50 years, this tightly held investment is now offered to the market, providing:

•Strong and reliable cash flow
•Solid capital growth potential
•Possible development upside (subject to council approval)
•Ease of management with established systems in place

Opportunities of this scale, return, and configuration are seldom available.

For further information and documentation, contact Stephen or Grant today.

To register your interest, plus access supplementary documents, please copy and paste the following link into your internet browser: https://www.propertyfiles.co.nz/3289793

Tender
(unless sold prior)

62 Queen Street, Upper Hutt

16
Apr

Time2pm
Calander
Calendar
Grant Young

Grant Young

Chief Operating Officer

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Stephen Taylor

Stephen Taylor

Residential, Country and Investment Sales and Marketing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Location


Central location, close to local schools and transport

Opportunity


Excellent investment returning in excess of $200,000 per annum

Amenities


Heat pumps in every unit

Parking


Off street parking

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Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

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