123 Knights Road, Hutt Central, Lower Hutt
Welcome to 123 Knights Road, a stunning collection of nine architecturally designed two and three bedroom homes in the heart of Hutt Central, Lower Hutt. These thoughtfully crafted townhouses offer the perfect blend of modern living and convenience, with the Lower Hutt CBD and public transport right on your doorstep. Positioned within the zone for sought-after local schools and a short stroll from Queensgate Mall, Huia Pool, and the Hutt Recreation Grounds, this location is unparalleled for accessibility and lifestyle.
Step inside these homes and discover interiors that prioritize comfort, privacy, and functionality. Each townhouse is designed to maximize natural light and space while ensuring a cozy atmosphere with above-code insulation and double-glazed windows. Enjoy the seamless integration of style and practicality with Mastercraft Kitchens featuring stone benchtops, kitchen islands in select homes, and trusted appliance brands. With integrated laundry packages and bedroom blinds included, these homes are turnkey-ready and built to an exceptional standard.
Outdoor living is a highlight at 123 Knights Road, with options ranging from upper-level balconies to private, fenced lower-level courtyards. Designed to be low maintenance, these spaces feature a mix of timber decking and concrete paving, perfect for entertaining or relaxing. Every detail, from the sound-insulated intertenancy walls to the durable materials and quality finishes, reflects a commitment to creating robust, enduring homes. Whether you’re a family, professional, or investor, these properties present an extraordinary opportunity to live or invest in one of Lower Hutt’s most desirable locations.
Completion due Q4 2025
Location
Located at 123 Knights Road, Hutt Central, this project places you right in the heart of Lower Hutt’s CBD. Zoned for highly sought-after local primary, intermediate, and secondary schools, the homes offer unparalleled convenience. Just a two-minute walk to Queensgate Mall and main transport hubs, with amenities like Huia Pool, Hutt Recreation Grounds, and Lower Hutt Tennis Club also within easy walking distance, this location truly has it all.
Queensgate Shopping Centre 450m
New World Hutt City 650m
Waterloo Station 800m
Hutt Valley High School 1.2km
Wellington Central 18.2km
Wellington Airport 23.7
Note: Cost to own and cashflows are approximate examples only. Actual results achieved will vary based on purchase price, interest rate, deposit %, providing carparks, providing furniture, insurance, property rates and rental rate. Please download free analysis software to complete your own analysis. Our team can help you with this, so don’t hesitate to contact us.
Investment Analysis
Lower Hutt offers an attractive opportunity for property investors due to its robust rental market, potential for capital growth, improving infrastructure, and high quality of life. Whether you're new to investing or looking to diversify, Lower Hutt is a secure and promising investment destination.
For astute investors, 123 Knights Road stands out for several reasons. The homes are competitively priced, and tenant demand in Lower Hutt, particularly in Hutt Central, is strong. We expect these homes to achieve gross rental yields of up to xxxx%. In a high interest-rate environment, focusing on rental yield is crucial to minimise ownership costs and maintain healthy cash flow.
With the two-bedroom units being priced well under the suburb’s median sales price this is a good chance to invest in Hutt Central for under $700,000, at least $150,000 under that of the median sales price. These two-bedroom units are also well below the Lower Hutt median sales price of $749,000.
In summary, Lower Hutt is a prime investment destination with strong rental yields and potential for capital growth. 123 Knights Road offers high rental returns making it an excellent choice for investors.
Investment Overview
Strategy: Off the plan Upside: Growth prior to settlement Rent: Unfurnished Deposit: 10% Title: Freehold
Investment Type
Dwelling: Townhouse Growth: High Yield: Moderate Pros: Low maintenance
Suburb Performance
Median sale price 10 years: +53% Median sale price 20 years: +170% Capital growth 10 years: 4.35% Capital growth 20 years: 5.09%