1243 High Street, Taita, Lower Hutt

Welcome to 1243 High Street, Taita, an exceptional new development offering eight thoughtfully designed two-bedroom townhouses in the heart of Lower Hutt. Each home showcases quality finishes, with custom-designed kitchens by Mastercraft Kitchens that feature ample storage, stone benchtops, and trusted appliance brands. Integrated laundry areas with stone benchtops add both functionality and style, while bedroom blinds ensure comfort and privacy. Enhanced for comfort, these homes come with above-code insulation, double glazing, and sound-separated walls for added warmth and privacy. Selected townhouses also feature upper-level balconies, offering an additional private space to relax and unwind.

Enjoy easy-care outdoor entertainment areas with either timber decking or concrete paving, while selected homes also offer upper-level balconies. Situated just two minutes from State Highway Two, 1243 High Street offers unbeatable convenience, with public transport, schools, and the Walter Nash Centre all nearby, plus easy access to the ‘Beltway’ bike track.

1243 High Street combines quality, comfort, and location, making it an ideal choice for vibrant urban living.‍

Completion due Q3 2025

Location

1243 High Street, Taita is located just minutes from State Highway Two, making commuting a breeze. Within minutes of Taita College, main transport hubs and Walter Nash Centre which offers sporting and library facilities.

• Walter Nash Centre 400m

• Taita Station 550m

• Taita College 3.0km

• New World Stokes Valley 4.5km

• Hutt Hospital 4.6km

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.

Interior Scheme Options

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, 1243 High Street stands out for several reasons. The homes are competitively priced, and tenant demand in Lower Hutt, particularly in Taita, is strong. We expect these homes to achieve gross rental yields of up to 6.2%. 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 Taita for under $600,000, at least $56,000 under that of the median sales price. These two-bedroom units are also well below the Wellington median sales price of $818,000.

In summary, Lower Hutt is a prime investment destination with strong rental yields and potential for capital growth. 1243 High Street offers high rental returns making it an excellent choice for investors.

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