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Home and Income

161-165 Dowse Drive Maungaraki, Lower Hutt City

Sold for $2,250,000 on 16 Sep 2021
  • 6 Beds
  • 3 Baths
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161-165 Dowse Drive, Maungaraki, Lower Hutt City

Home and Income in Maungaraki

Opportunity; 3 Apartments + 2 Shops

  • 6 Beds
  • 3 Baths

Diversified investment opportunity, invest for income, or part owner-occupied and part rental income. So many options for the new owner and so diversified with two commercial retail/ commercial spaces and three residential apartment's income streams.

Modern (circa year 2000) construction, two retailing/commercial spaces at lower level and three apartments with access from Dowse Drive frontage, or at rear via Council owned service lane thru combination of generous sized garaging and parking spaces.

Two of the apartments are the same design layout (sized 141m2 and 138m2) whilst the third is a very generous sized 190m2. Generous living areas and all have delightful first floor balconies, west facing for sun and with superb views. All apartments are on Periodic leases, and Commercial are varying terms.

Prime busy suburban shopping centre location, great parking facilities, close to all amenities for schooling, parks, and transport. In-zone for Hutt Valley High School.

www.161-165Dowsedr.com
Email us to ask for an Info Pak,
For Sale By Negotiation; - update SOLD. Richard 021 464121.

Property ID:

LWT25311

Building:

820m²

Land:

469m² / 0.11 acres

Bedrooms:

6

Bathrooms:

3