26-28 Delaney Drive Stokes Valley, Lower Hutt City

Calling all investors! This fantastic investment vehicle is brand new to the market and it's not going to be around for long, do the numbers and you'll see what you can gain from taking advantage of this property.

Composed of 2 x 3 Bedroom semi-detached homes on one title, this property offers HUGE potential for any investor. The two homes are both very tidy and are rented out to long-term tenants on periodic tenancy agreements.

Each home is a mirror image of the other in terms of floor plan. They both contain an open-plan living/dining area, kitchen, bathroom, separate toilet and three small double bedrooms. Each has access to its own sunny, secure and relatively spacious back yard which is divided by a high fence. Each home has off street parking for two cars, one under cover.

Number 28 has been renovated more recently than 26. Both are very tidy as the tenant in number 26 has been there for 8 years and would love to stay longer if he can!

With a rental appraisal at $300-$330p/w for each dwelling, do the numbers and work out how much this property could be worth to you. From what I can tell it would be possible to achieve positive cash flow and a gross rental yield of 10%+. Do your own numbers, give me a call and make an offer!

This property is a seriously good investment and someone is going to buy it, get in before it's too late and start building your equity right now. Viewing is by open home only, 1:00pm Sundays. Call me now to register your interest or receive the information pack.