6 Adelaide Street Petone, Lower Hutt City

Prime properties in Petone are hard to come by these days. If you've been looking for a fantastic add-value project, a flexible investment property with potential for a great return and capital gains, or just a quaint Petone villa for your next home, this is an opportunity you can't miss.

6 Adelaide Street is a beautiful, classic Petone villa situated in a premium location right in between the bustle of Jackson Street and Petone Beach. At 90m2 and consisting of 3 large bedrooms + a large sleep out on a 245m2 section, there are options here and POTENTIAL.

The condition of this property is such that you could happily move in straight away, while still having room to add value right from day one. The kitchen and bathroom have been tidied up in the last 2 years as well as new carpet. 6 years ago some major work was done to the exterior and 40% of the old weatherboards were replaced + borer treated.

The house and sleepout are completely separate. Each has it's own entrance, letterbox, bathroom, laundry and courtyard. There are multiple options here.

The motivated Vendor has owned this property as an investment and is looking to move his money else-where. The property has been rented for around $600 p/w for the last few years. In the current rental market this could likely increase to approx $650 p/w. Rental Appraisal available. With current interest rates this property could be cash-flow positive right from the get-go.

In this red-hot market this property won't last long. Call me now to arrange a viewing while it's still around.

Deadline Private Treaty closing 11 March (May be sold prior).