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Lower Hutt City Median Price
Lower Hutt City Median Rent
Petone rent price
Lower Hutt City schools
A56 Richmond Street, Petone
$850,000 listed in Oct 2014
Apartment: 6 Bed rooms 6 Bath rooms

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Property Description:
7 incomes from a block of 7 flats. It just consistently rolls out a great rent roll and is in demand from prospective tenants when a vacancy arises.
Located in the ever popular Central Petone - The property comprises of 5 x 1 bedroom and 2 x 2 bedroom units built for longevity.

Currently the property annual rent roll $65,780. A double garage on property is not let. Dual street frontage, excellent car parking and scope to add value, creating a very attractive cash flow proposition.


Demand from prospective tenants is very high, which is demonstrated by the 100% occupancy rate, with long term tenancies being the norm, thus creating a hassle-free appealing investment. Promptly contact to arrange a private viewing.
LIM report and Valuation report available.
Property valuation from Government
Nearby Schools:
NameTypeDecileDistance
Sacred Heart School (Petone)Primary6174 meters
Korokoro SchoolPrimary10658 meters
Wilford SchoolPrimary6893 meters
TKKM o Te Ara WhanuiCombined31 km
Hutt Valley High SchoolSecondary82.2 km
>>More schools

The property data is from the public websites.

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