Ray White Kemeys Brothers
Real Estate Agents
- Listing #:
- LWH33068
- Listed:
- 73 days ago
$799,000
6.44% Net Yield
15A & 15B/92 Cambridge Terrace, Waterloo, Lower HuttTownhouse
-
- 2 Bedrooms
-
- 2 Bathrooms
About this property
Don't miss this opportunity to invest in a unique dual-key property in the heart of Waterloo. This property features two one-bedroom units, each with an open plan living, kitchen, and dining area. The upstairs unit boasts a west-facing deck from the living area, perfect for enjoying the sunset. Both units have custom kitchen designs built by local experts, and the property is equipped with above-code insulation and double glazing for energy efficiency.Located opposite the Waterloo train station, this property is ideal for commuters, providing easy access to Upper Hutt and the Wellington CBD. Enjoy a 20-minute walk to Queensgate or a one-minute walk to the Waterloo shops.
At the current asking price, the estimated figures show a potential gross yield of 7.81% per annum, with a net yield of 6.44% per annum. Estimated weekly rent is $1,200, totaling $62,400 per annum, with estimated expenses of $10,974 per annum. This is a no-brainer when it comes to a long-term investment opportunity.
The development is being delivered by The Faisandier Group, known for their high-quality townhouses and commitment to delivering better homes for Kiwis. With a focus on modern design, quality materials, and efficient construction methods, Faisandier Group properties offer great value for first-home buyers, downsizers, and investors alike. The construction is coming along well with completion on track for end of September/early October.
Schedule a viewing today to see this exceptional property for yourself. Or, if you would like the property file with a further breakdown of figures, get in touch today.
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