75/42e Main Road Tawa, Wellington City

Redwood Estate Tawa. This is the ultimate multi-income investment property.

If you are searching for a high-yield (potentially) positive cash-flow property in the Wellington region, this Redwood Estate listing is a rare find. Originally built as the estate manager's property, this offering combines a low-maintenance home with an unprecedented twist: 16 individual lock-up garages within the Redwood Estate.

The Villa: Low-Maintenance Residential Income

• Constructed from durable, easy-care brick and cedar, the primary residence is a tenant's or downsizer's dream, ensuring strong, consistent rental demand.
• Layout: Open-plan kitchen, living, and dining areas designed for modern living.
• Bedrooms: Two generous double bedrooms with ample natural light.
• Bathroom: One spacious, well-appointed family bathroom.
• Outdoor Living: Private, sun-drenched courtyard perfect for summer BBQs.
• Parking: Single internal access garage plus dedicated off-street parking.

The Twist: 16 Additional Income Streams
What sets this property apart from any other home-and-income listing is the massive asset attached to the title.

• 16 Individual Garages: Secure, dry, lock-up-and-leave.
• High Demand: Secure parking is at a premium in the current market, ensuring rapid tenant placement (currently a waiting list for the garages).
• Diversified Risk: 17 total income streams (1 residential + 16 garges) means your cash flow is protected even if one unit is vacant.

Why is this the perfect hands-off investment?
By stacking the premium residential rent of a modern Tawa villa with the individual, low-overhead rental streams of 16 separate garages, this property delivers unparalleled yield. Garage rentals require minimal maintenance and offer a truly hands-off income generator.

Location: Redwood Estate, Tawa, Wellington.
Property Type: Home and Income / Investment Property / Villa + Garages.
Construction: Brick and Cedar.
Best Suited For: Property investors, yield seekers, cash-flow portfolio builders, SMSF/trust buyers.

Don't miss out on this cash-flow unicorn. Properties with this level of built-in yield are exceptionally rare and sell quickly. Contact Philip today to request a viewing and information pack.