Unit Sold - Moera Lower Hutt City
Opportunities like this don’t come along every day. The switched on investor will certainly see value in this six unit complex. All units are on their own Cross lease title with a one sixth share of 604sqm. No Unit Title or Body Corp hassles here.
Four of the units have been renovated and each unit consists of one bedroom, open plan kitchen, dining and lounge area, combined bathroom laundry with separate toilet off this room,. There is off street parking for each unit.
The property has recently been re fenced and a new driveway laid. Located close to shops and transport and just a short drive from Central Hutt, tenants will enjoy the convenience this property offers.
There are sitting tenants in all units with current returns for all six being approx. $87,000 per annum.
This complex will be sold in one lot with no sales of individual units possible. However, an opportunity exists for the new owner to split them and sell them individually.