This property could be the one of the cheapest investments into the Tauranga property market at present. The construction is rock solid and the rental return stacks up. Where in Tauranga can you purchase a property in the $295,000 region with a rent appraisal at $290-310 per week? Investors will love the low maintenance aspect and fact that the long term tenant is keen to stay on. There are two units on offer here with the option to purchase either one or both. The vendor is motivated to see these properties sold so be quick and make an offer.
Firstly an estate in fee simple as to an undivided 1/2 hare in all that parcel of land containing 830 square metres (more or less) being Lot 4 on Deposited Plan DPS8344 and Secondly an estate in Leasehold under Lease number L H339940.5 being Flat 2 on Deposited Plan DPS 29608. Both the first and second estates being comprised and described in Certificate of Title SA26D/1006 (South Auckland Registry).
60 square metres (approx)
Fixed Floor Coverings, Light Fittings, Electric Stove
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.