Every investment journey looks a little different. Whether you’re looking for your first rental or adding to an established portfolio, 3A and 3B Webb Street, Huntly bring together two rental incomes, classic character and a generous freehold section under one ownership.
Set on approximately 964m², both homes are currently tenanted and return a combined $765 per week. That equates to $39,780 in annual rental income, representing an approximate gross yield of 6.07% based on a purchase price of $655,000, before expenses.
Traditional weatherboard construction gives the property a familiar Kiwi feel, complemented by broad lawns, gated vehicle access and off-street parking. The generous backyard provides space for gardening, outdoor activities or simply enjoying a relaxed afternoon in the sunshine.
Inside, timber floorboards, panelled doors and traditional detailing reflect the property’s character. Large windows welcome natural light into the living space, while classic kitchen cabinetry, generous cupboard storage and a stainless-steel benchtop offer everyday practicality. A separate laundry adds convenience.
Together, the homes offer four bedrooms overall and a recorded total floor area of approximately 130m². Both are Healthy Homes compliant, with heat pumps in each property supporting comfortable living throughout the seasons. The interiors retain their older style, giving buyers scope to consider cosmetic improvements over time.
CURRENT RENTAL INCOME & GROSS YIELD
- 3A Webb Street: Returning $370 per week
- 3B Webb Street: Returning $395 per week
- Combined rental income: $765 per week
- Annual rental income: $39,780
- Approximate gross yield: 6.07% at $655,000, before expenses
PROPERTY FEATURES & INCLUSIONS
- Approximately 964m² freehold section
- Four bedrooms overall and approximately 130m² total floor area
- Traditional weatherboard construction and character timber detailing
- Generous lawns, gated vehicle access and off-street parking
- Healthy Homes compliant
- Connected to town water, sewerage and stormwater services
- Heat pumps, ovens and rangehoods in both properties
- Window treatments, fixed floor coverings and clotheslines for both properties
- Existing tenants in both homes
With rental income already in place, outdoor space to enjoy and the opportunity to refresh the interiors over time, Webb Street offers plenty to consider for your next investment.
We’d love to help you take a closer look. Contact Covenant and Fiona at Fusion Real Estate for the property information pack, a chat about the details or to arrange a viewing.
Annual rental income assumes 52 weeks of occupancy at current rents. Gross yield excludes rates, insurance, maintenance and other outgoings.
