43 Whakatiki Street, Trentham, Upper Hutt

Welcome to 43 Whakatiki Street, where modernity meets thoughtful design and durability. The property boasts a selection of standalone and townhouse units, totalling five homes, each meticulously crafted to cater to diverse lifestyles and preferences.

Step inside any of the homes, and you'll immediately notice the emphasis on maximising natural light, privacy, and space utilisation. Beyond what meets the eye, our properties have above-code insulation, double-glazed windows, and an intertenancy wall system that ensures sound separation, creating a cosy and tranquil living environment.

Quality is paramount in every aspect of our homes, from materials and fittings to appliances, all sourced from reputable suppliers to ensure longevity and peace of mind. At 43 Whakatiki Street, the development prioritises durability, easy care, and a timeless aesthetic that will endure time.

This property offers diverse living options, including two standalone three-bedroom homes, ideal for those who value privacy and space, and two three-bedroom townhouses, perfect for growing families or those seeking comfort and simplicity. Additionally, there is a two-bedroom townhouse with a study tailored for flexibility to accommodate work, hobbies, or extra space needs.

Each home features open-plan living areas, private outdoor spaces ranging from 20m² to 30m², and dedicated car parks. The carefully considered layouts are about style and facilitating honest everyday living with spaces that flow and connect seamlessly.

The kitchens are strategically positioned to offer a view of the street or communal areas, fostering a sense of security and community. Practical outdoor areas are perfect for enjoying fresh air or hosting outdoor gatherings.

Experience modern, easy-care living focusing on quality and durability at 43 Whakatiki Street.

Completion due Q4 2024

Location

43 Whakatiki Street offers easy access to work, schools, and amenities while maintaining suburban tranquility. The popular Brewtown is nearby. Experience a neighbourhood that feels like home, designed to fit seamlessly into the fabric of Upper Hutt's welcoming community.

• Wallaceville Station 1.3km

• Woolworths Upper Hutt 2.0km

• Brewtown Upper Hutt 2.2km

• Boulcott Hospital 15.8km

• Wellington CBD 31.0km

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

Upper Hutt presents a compelling proposition for property investors, given its robust rental market, potential for capital growth, improving infrastructure, and enviable quality of life. Whether you're a first-time or seasoned investor seeking to diversify your portfolio, Upper Hutt should rank high on your list of promising investment destinations.

During the recent market downturn, Upper Hutt's property market experienced some significant challenges. Prices plummeted by nearly 22% between August 2022 and November 2023, compared to just 10% observed nationwide during the same period.

Notable changes in the market along with sales in the new build sector of Upper Hutt so the turnaround of the market as values of properties have started to shift upwards. This development presents a great investment option due to the centralization to Upper Hutt Central for tenants that commute to the city. Easy access to public transport like the train station would make this a desirable location for potential tenants.

For investors prioritizing yield, Upper Hutt deserves serious consideration. Upper Hutt is likely the highest-yielding location among all the major centres in the country. Many properties currently on the market are expected to generate rental yields exceeding 4.7%. When combined with the fact that Upper Hutt is currently undervalued compared to its long-term average, it presents a sound investment opportunity for discerning investors. This development investors could expect a yield of up to around 5.3%.

Current projects