Offers close 4 Nov

50 Hatea Drive,
Regent, Whangarei District

8 bedrooms
4 bathrooms
8 car spaces
2,843m² land size
240m² building size
Unit

Deadline Sale


Property details

4 Titles. 4 Income Streams. 1 Serious Investment

Right in the heart of Regent, Whangarei, this is the kind of investment opportunity that deserves attention.

Offering four separate two-bedroom, one-bathroom units, each with its own individual title, this property delivers flexibility, security and an impressive income from day one.

Currently returning gross $100,620 per annum, all four units are secured on fixed-term tenancies and three are rented to a housing trust, with guaranteed rental income.

That means no chasing tenants, no worrying about vacancy between tenancies, and no waiting for the investment to start performing - the income is already in place.

But what really sets this property apart is the structure.

Four separate titles give you options. Hold all four as a strong cash-flowing investment, sell individually in the future, restructure your portfolio, or potentially unlock value one title at a time.

And the location? Hard to beat. Positioned in Regent, right on the doorstep of Whangarei City, tenants enjoy easy access to shops, schools, transport, medical facilities and the CBD - exactly the sort of central location that continues to underpin long-term rental demand.

- $100,620 annual income
- Four separate titles
- Four fixed-term tenancies
- Guaranteed rent
- One outstanding city investment
- Unit 1 Rent: $485.00
- Unit 2 Rent: $500.00
- Unit 3 Rent: $470.00
- Unit 4 Rent: $480.00

Opportunities with this combination of income, location and future flexibility don't come along often. If you're serious about building or strengthening your investment portfolio, this is one you need to see.

Deadline sale, closing 12:00 pm Wednesday 4 November (vendor reserves the right to prior).

www.rwwhangarei.co.nz/WHC40087

Inspections


Explore the area


School catchments

  • Whangarei School Primary Years 1-6 State 0.60km
  • Whangarei Intermediate Intermediate Years 7-8 State 1.3km
  • Te Kāpehu Whetū Composite Years 1-15 State 1.6km
  • St Francis Xavier Catholic School (Whangarei) Primary Years 1-6 State integrated 1.6km
  • Whau Valley School Primary Years 1-6 State 1.8km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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