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1/652 Fergusson Drive

Trentham Wellington

2
1
Unit
Currently for sale - view listing

Overview

Smart Investment or Savvy First Step

Property features * Great investment potential * Bus route 110 only one minute walk away * Great Central Location * Efficient Heat pump and Cooling unit * Brand new carpets throughout. * Two well sized bedrooms * Beautiful T+G wooden floor in one bedroom * Good sized bathroom with double heated towel rail * Insulation in the ceiling and underfloor * Brick & Weatherboard exterior cladding * Modern kitchen with stylish tile splash back and soft close drawers * Low maintenance section * Company Levies only $450 a month * Close to local dairy and shops * Closely located to BUPA rest home * Rental appraisal from $460 - $480 per week which could make for good possible rental returns Welcome to 1/652 Fergusson Drive, positioned for practicality and long-term peace of mind, this well-presented two-bedroom company share offers a smart opportunity for both investors and entry-level buyers looking to secure a solid asset Economical monthly company fees ( $450 per month ) cover the major outgoings including external upkeep, rates and building insurance, providing an excellent and simplified, all-in-one approach to ownership and ongoing costs. Modernised throughout, this comfortable home features a light and bright kitchen with a clever space saving laundry area designed to maximize space and functionality. Comfortable light-filled living spaces, generating a low-maintenance environment, with two well-proportioned bedrooms and a tidy central bathroom. Externally, the solid brick and weatherboard cladding gives a dependable and durable exterior. Beat fuel costs with a bonus of being on the 110 bus route, a short walk to Wallaceville train station or a stroll next door to the BUPA rest home Rented out or ready to occupy with nothing to do, this particular company share offers flexibility and returns. As a company share property, ownership is structured differently from a traditional freehold title. When purchasing a company share, rather than purchasing land itself you are purchasing shares in the company that owns the building and the land (which is 25% shares in total in this company). These shares grant the exclusive right to occupy this particular unit. Along with the ability to occupy, purchasing into this company share also gives you the ability to rent it out (subject to approval from the other shareholders), this is a rare opportunity as most company shares cannot be rented out. The company is limited to these four units. Modern where it counts, solid where it matters, this is smart buying with real upside. Call Deneika or Rachael today to find out more or text "1/652ferg" to 3324 for a copy of the digital information packet.

Features

2 bedrooms
1 bathroom
Unit

Happy sellers in Trentham

78%
78% of sellers in Trentham reported that their sale price either exceeded or met their price expectations.

Trentham stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 70 reviews in Trentham over the last 12 months.

Local market activity for 2 bedroom units in Trentham

In the last 12 months, 8 two-bedroom units similar to 1/652 Fergusson Drive, have been sold.

This represents a 20% increase in two-bedroom units sales when compared to the previous 12 months.

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