CK & Co Upper Hutt
Real Estate Agents
- Listing #:
- RX4893222
- Listed:
- 47 days ago
Offers Over $449,000
PRIME INVESTMENT OPPORTUNITY – EXCEPTIONAL 5.69% NET RENTAL YIELD
2/26 Deller Grove, Silverstream, WellingtonResidential Unit
-
- 2 Bedrooms
-
- 1 Bathroom
-
- 53m2 Floor Area
About this property
Astute investors, take note. This two-bedroom flat represents a rare opportunity to secure a high-performing asset in a tightly held, amenity-rich township location.The Numbers That Matter:
• Purchase Price: $449,000
• Weekly Rental: $580
• Annual Rental Net Yield: 5.69%
• Strong tenant demand driven by premium location
Strategic Location Advantages:
This property sits in the heart of a thriving township with everything tenants actively seek. Schools within walking distance ensure consistent demand from families. The nearby train station delivers seamless connectivity for commuters, while local shops, restaurants, and bars create a vibrant, desirable lifestyle precinct that keeps vacancy rates low and tenant retention high.
Why This Investment Works:
Properties in this location rarely come to market, and when they do, they're snapped up quickly by investors who understand the fundamentals: infrastructure, amenities, and tenant appeal. The 5.69% yield significantly outperforms current market averages, delivering solid cash flow from day one while you benefit from long-term capital growth in an established, sought-after area.
*Source of information: Property Guru, Nexus, Upper Hutt City Council (non-verified).
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