Whangarei, Morningside - 56, 58, 60, 62 Kaka Street
For Sale by Deadline Private Treaty
The Investment You Have Been Waiting For
If return on investment is important and location is key, there is a lot to love in this solid apartment block. An investment in your future with four apartments on separate titles being sold as one with a eye watering gross rental return of $86,580 per annum.
Unbeatable block construction allows great sound insulation between apartments and the one level, easy care nature of these properties allow for minimal yearly maintenance costs. Located in the Investment Golden Triangle around five minutes more or less to the Whangarei city centre, North Tec and Whangarei hospital as well as a stones throw away to the well respected Morningside Primary School and shops ensuring high demand from prospective tenants wanting a careless walking option.
Multiple dwelling offering of flats and apartments blocks are rarely for sale in the city. Do not miss the chance to secure Whangarei's best investment. Realistic owners seek to meet the market and invite all offers.
Call me or email today to discuss and receive a prospectus.
Property ID:
EWH19329
Legal Description:
NA72C/981, NA72C/982, NA72C/983, and NA72C/984 Flat 1 DP 124546 with a term of 999 years commencing on the 1.7.1988. Flat 2 DP 124546 and Garage DP124546 with a term of 999 years commencing on the 1.7.1988. Flat 3 DP 124546 and Garage 6 DP 124546 with a term of 999 years commencing on the 1.7.1988. Flat 4 DP 124546 and Garage 5 DP 124546 with a term of 999 years commencing on the 1.7.1988. all having a fee simple 1/4 share in 1318 sqm more or less being Lot 4 DP 48846.
Year Built*:
1960s
Exterior Construction:
Concrete Block
Roof:
Corrugated Iron
Joinery:
Timber
Bedrooms:
8
Garaging:
3
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.
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