75/42e Main Road

About this property

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 commercial-style storage 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 storage asset attached to the title. • 16 Individual Garages: Secure, dry, lock-up-and-leave storage. • High Demand: Secure parking and storage are at a premium in the current market, ensuring rapid tenant placement. • Diversified Risk: 17 total income streams (1 residential + 16 storage) 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. Storage rentals require zero residential tenancy compliance, minimal maintenance, and offer a truly hands-off income generator. Location: Redwood Estate, Tawa, Wellington. Property Type: Home and Income / Investment Property / Villa + Storage. 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.

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