592 Fergusson Drive Upper Hutt, Upper Hutt City

This well-located property offers owner occupiers or developers a large central freehold site.
Surrounding sites have been developed into high density residential townhouses providing the growth in the area and thus making this a fantastic future development site. Being within walking distance to amenities, rail and motorway systems demand continues to change the surrounding landscape.

Features:

• Premium location in Trentham
• Close proximity to key public transport hubs
• $130,000 approx net income p.a.Fixed on a yearly bases till 2021
• Rare development opportunity in the future.
• Large 1,690sqm freehold title site
• 7 car parks
• 2x3 brm flats plus a 16 brm house

Either retain an add value through refurbishment or take advantage of the potential to redevelop - the choice is yours.