Wholesale Property

97 WHITES LINE EAST, WAIWHETU, LOWER HUTT TOWNHOUSES

• Strong performing Lower Hutt suburb.

• Well designed, high quality, low maintenance townhouses in strong rental demand location

• 8 x 1 bedroom townhouses

• Opportunity for additional capital growth before settlement in mid 2021

• Prices: 1 beds $510k - $525k

• 59% of dwellings in this suburb have 1-2 occupants and 22% have annual household income of $100k+

• Infill housing in Wellington is at an entry level price point, below the median and producing healthy yields and cashflows

WAIWHETU HOUSE/TOWNHOUSE MARKET PERFORMANCE

Market data sources: Real Estate Investar, Tenancy Services, REINZ, One Roof

PRICE AND AVAILABILITY SUMMARY

Note: The NSA/Net Sqm/Int. SQM area is calculated from the mid-point of the inter-tenancy wall to the external face of the façade as per PCNZ Guidelines.

ADDITIONAL DOCUMENTS

• Property Investors 1-bed forecast unfurnished

• First Home Buyers 1-bed forecast

• Rental appraisal

• Landscape plan

• Survey plan

• Floor plans

• Specifications

PROJECT OVERVIEW

We are very proud of the design appeal of this development. With a combination of BGC Weatherboard coloured Resene Biscay and Resene Half Black White, extensive landscaping with elegant pergolas identifying your formal entrance way. This simple yet tasteful design is market leading with Townhouse construction. Resulting in a highly appealing visual aspect, while maintaining extreme functionality and low maintenance.Located on Whites Line East, these Townhouses are walking distance to Woburn Train Station, locals shops, parks and a vast array of other amenities. It is with no doubt that finding new homes at an affordable price point is only going to get increasingly harder as Wellington’s City’s population grows.The open plan nature of the kitchen, living and dining provides everything you need for comfortable living. Our extremely functional kitchen will impress, which also includes a combination washer/dryer. There is a large storage space conveniently located under the stairs. Upstairs is 1 full size bedroom, which includes a large built-in wardrobe. Also upstairs is 1 full size bathroom. Outside is your own low maintenance, private courtyard with ample space for a barbecue, table and chairs. The outdoor area also includes a storage shed along with an outdoor power supply.Quality is paramount in our properties and only the best products are going into the construction and fit out of our developments. Starting with an engineered gravel base and concrete raft foundation, then laminated veneer framing, coupled with double glazed windows, solid air barriers, upgraded glass wool insulation, which is guaranteed for 70 years and aerated concrete intertenancy walls. Finishing with European tiles, washable paint and upgraded magnesium oxide flooring, giving the first floor that concrete feel. All our products are purchased from large industry leading companies, to ensure reliability and quality.

LOWER HUTT OVERVIEW

Lower Hutt (Hutt City) is one of four cities that make up the Wellington Region with a population of 108,000 residents and the 7th most populous city in the New Zealand and sits 15-20kn NE of Wellington CBD.

As the second largest city in the Wellington region, Hutt City offers all the advantages of city living with a relaxed lifestyle and a strong sense of community. Because the Hutt Valley is sheltered by surrounding hills, the weather is generally warmer and less windy than in Wellington City.

People like living here because of the:

1. Excellent schools and healthcare

2. Great public transport and ease of getting around

3. Affordable homes minutes from work

4. Five regional parks close by for walking, tramping and biking

5. Best beaches in the region

6. Unique specialty shopping

7. Travel times – just 15 minutes from downtown Wellington

For the outdoor enthusiast, the area provides great outdoor activities including excellent walking, tramping and mountain biking tracks and sheltered sea and river beaches. Dozens of tracks and trails wind through beautiful native bush areas and along kilometres of coastline around Wellington Harbour and along the Hutt River.

Major features of the City include the Lower Hutt CBD, Westfield Queensgate Shopping Centre, Phoenix Mall (Centre City Plaza), the Petone Commercial Activity Area (Jackson Street), Wellington Institute of Technology (WelTec – Petone Campus), Open Polytechnic New Zealand, The Learning Connexion, Belmont Regional Park, East Harbour Regional Park, Rimutaka Forest Park, The Dowse Art Museum, Petone Settlers Museum, Hutt Hospital, the Hutt River, the Hutt River Trail and several wharves.