32 South Road, Masterton, Wellington, 5810, New Zealand

This fantastic 3-bedroom property is a must-see for investors and developers alike! With a newly renovated kitchen and bathroom, this home is currently tenanted with a fixed lease at $650 per week until June 2025 – providing you with immediate income.

 

Key Features:

• Modern Renovations: Newly upgraded kitchen and bathroom with stylish, contemporary finishes.

• Large Double Garage: Perfect for storage or multiple vehicles.

• Solar Panels: Enjoy the benefits of cheap, sustainable power.

• Subdivision Consent Issued: The land comes with approved consent to subdivide. Expand your investment portfolio or build your dream home on the rear section while continuing to rent out the front house.

• Prime Location: Located in a high-demand area, just a short walk from Kuripuni and close to excellent primary and intermediate schools.

 

This property offers a rare combination of immediate rental income and future development potential. Don’t miss out on this exceptional opportunity!