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138A Reynolds Street

Taita Wellington

4
4
140 m²
741 m²
Other
Currently for sale - view listing

Overview

FOUR INCOME STREAMS. ONE TITLE. ZERO BODY CORP.

What if your next investment didn't rely on a single tenant to perform? Welcome to 138A Reynolds Street, Taita a smart, high-yield investment opportunity delivering an impressive $1,480 per week in rental income from four self-contained bedsits on one title. This is the type of asset experienced investors are constantly searching for. Multiple income streams create greater resilience, helping to reduce vacancy risk compared to a traditional single-tenancy property. When one unit becomes available, the remaining tenancies continue generating income, providing stability and cash flow that's hard to match. Even better, there is no body corporate, meaning greater control over your investment and fewer ongoing management costs. Simply put, this is an investment designed to maximise returns while minimising complications. Positioned in the heart of Taita, one of Lower Hutt's most affordable and increasingly sought-after suburbs, you'll benefit from strong tenant demand, excellent transport links, local schools, shopping amenities, and easy access to Lower Hutt CBD and Wellington City. Ongoing investment in the area continues to enhance its appeal for both residents and investors alike. Whether you're looking to strengthen your portfolio, increase your cash flow, or secure a property with multiple income streams from day one, this opportunity deserves your attention. Four bedsits. One title. $1,480 per week. Investments that tick this many boxes are becoming increasingly difficult to find. Contact Mark Snaith today for further information or to arrange your viewing. Deadline closing 25th June 1pm 6 Dekka Street, Khandallah, Wellington 6035. Can be sold prior.

Features

4 bedrooms
4 bathrooms
140 m² floor area
741 m² lot size
Other

Happy sellers in Taita

68%
68% of sellers in Taita reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 21 reviews in Taita over the last 12 months.

Local market activity for 4 bedroom other properties in Taita

In the last 12 months, 1 four-bedroom other similar to 138A Reynolds Street, have been sold.

This represents a 50% increase in four-bedroom other properties sales when compared to the previous 12 months.

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