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173 -175 Dowse Drive Maungaraki, Lower Hutt City

Sold for $520,000 on 8 Sep 2022
  • 3 Beds
  • 1 Bath
  • 3 Cars
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173 -175 Dowse Drive, Maungaraki, Lower Hutt City

House in Maungaraki

Superette & Apartment & Takeaway

  • 3 Beds
  • 1 Bath
  • 3 Cars

An amazing opportunity; passive investment for income, or part owner-occupied and part rental income in the future.
So many options for the new owner and so diversified with; two retail / commercial spaces and a residential apartment - 3 income streams.

Modern construction (circa 1970, plus a later addition of garage & storeroom circa 2011 CCC). Both commercial premises have access from Dowse Drive frontage, and from the Council owned service lane at rear.
The three bedroom Apartment has modern double glazed windows throughout and is separately accessed via stairwell from Holly Grove.
Carparks and garaging, plus storerooms.

The properties are on two separate Titles.
Currently the properties are leased for varying types and terms, and gross return $68,423 pa.
A fabulous location;
- Prime busy suburban shopping centre location,
- great parking facilities,
- close to all amenities walk to pre-school, Primary schooling,
- In-zone for Hutt Valley High School.
- recreation parks, & bus transport nearby.
A property investment like few others - seize your opportunity now.
For Sale by Deadline Date 1:00pm, Thursday 1 September (not prior)
Enquire Now; Richard 021464121

Property ID:

LWT31067

Building:

343m²

Land:

352m² / 0.08 acres

Parking:

1 garage space and 2 off street parks

Bedrooms:

3

Bathrooms:

1