CBD money maker
Right in town sits this very tidy block of flats. Consisting of four two bedroom and six one bedroom units which are all up to healthy homes standard this is an investment opportunity not to be missed. Most of these units have been re decorated as tenants have vacated and all have a separate kitchen with plenty of storage, spacious lounge with indoor outdoor flow to either a balcony or lawn area. Bathrooms are a comfortable size and have either shower over bath or separate shower. Heat pumps keep the winter chill away and provide comfort in the summer heat. Each unit has it’s own car park. The property is constructed in material that is robust and needs little maintenance compared to others. Managed by a very good property manager who is keen to retain management the turnover of tenants is minimal with some having been there a long time and all current tenants are wanting to stay. Returning approximately $163,000.00 there is room add value and therefore improve the rent returns. Present an offer based on your sums. Just a quick walk from Pack N Save and in the cbd you can’t go wrong when wanting to attract tenants.
Property ID:
EHV16166
Legal Description:
Lot ALT PT 183, DPS 2986
Exterior Construction:
Concrete Block
Roof:
Longrun
Joinery:
Aluminium
Land Area:
1,113 square metres (approx)
House Area*:
600 square metres (approx)
Bedrooms:
14
Chattels:
Window Coverings, Fixed Floor Coverings, Heat Pump x 10, Light Fittings, Free Standing Stove- Electric x 10, Kitchen Extractor Fans x 10, Bathroom Extractor Fans x 10
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.
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