1/24 Parliament Street Melling, Lower Hutt City

Opportunity knocks for a rental investment to buy an entire block of 8 individually titled flats sitting on 1,203m2 flat land in Western Lower Hutt.

7 of the 8 flats are currently rented, bringing in $2,300/week.

The top 4 flats have a mezzanine floor with a second bedroom.
The bottom 4 flats are all single bedroom flats.
Flat 2 is yet to be refurbished and is currently vacant.
All flats include off-street carparking.

There are so many options here:

• Invest and enjoy the rental income from 8 x 1-2 bedroom flats
• Renovate, create a body corporate, and sell them separately
• Develop the 1,203m2 flat land

The landlords have quit this one, and the whole she-bang is up for grabs for a new owner!