Ray White Kemeys Brothers
Real Estate Agents
- Listing #:
- LWH33505
- Listed:
- 38 days ago
$799,000
5.13% Net Yield
14A & 14B/92 Cambridge Terrace, Waterloo, Lower HuttTownhouse
-
- 2 Bedrooms
-
- 2 Bathrooms
About this property
Don't miss your chance to secure one of these fantastic dual-key properties 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 6.51% per annum, with a net yield of 5.13% per annum. Estimated weekly rent is $1,000, totaling $52,000 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. With CCC and titles already issued, these are ready to settle at any stage.
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.
The images displayed are of a representative unit within the development and not of the specific unit offered for sale.
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