Brand New Home & Income in Welcome Bay

  • 23 Utopia Park Heights, Welcome Bay, Tauranga
  • Beds
  • Bath
  • 240m2

Description

Want all the advantages of a New Build without having to wait for completion? Then this is your opportunity.

This is a brand new purpose built investment property ready for tenants to move into. External cladding is brick for easy maintenance with an easy care section in Welcome Bay, close to all amenities.

The property comprises a generous 4 Bedroom House and the additional bonus of a Multi Dwelling of a 2 Bedroom House for dual income.

The 4 Bedroom Home is a generous size with light and airy bedrooms, including the Master with ensuite. The family bathroom boasts both a shower and bath and for ease of family living, a separate toilet.

The modern kitchen and open plan dining and lounge has sliding doors out to an alfresco outdoor area, with an elevated rural view over the neighbouring farmland. The house has a double garage with laundry facilities.

The house has been built to a high spec and will achieve a rental of $550 - $580 p/w and possibly above in the current Tauranga market.

The 2 Bedroom House has also been built to a high spec and is light and airy with 2 generous sized bedrooms and a family bathroom. The open plan kitchen, lounge and dining room opens up onto a lovely garden area also with rural views. This house has a single garage with an achievable rental of $380 to $420 p/w.

This property offers the chance of both Capital Gains and Yield in the fast paced market of Tauranga.

https://www.youtube.com/embed/NqIROujmbfQ?rel=0
PROPERTY DETAILS
  • Estate type: Freehold
  • Rental status: Vacant
  • Rental appraisal:$930 - $1,000 p/w
    Written Appraisal available to potential purchasers.
  • Floor area: 240m2
  • Land area: 743m2
  • Bedrooms:
  • Bathrooms: 
  • Car parking:
  • Rates: $3,785
AMENITIES

Welcome Bay is close at all the amenities of downtown Tauranga and the beach at Mt Maunganui/Papamoa, especially with a new roading system currently being built.

In Welcome Bay itself there is a Doctors, Vet, several Primary Schools, a shopping centre, service station and the property is within an easy walk of nearby parks and reserves.

The bus stop is also within easy walking distance and the property is an easy commute to Toi-Ohomai Bay of Plenty Polytechnic.

LOCATION
  • $873,805
  • Gross yield: Potential 5.9%
  • Rental appraisal: $930 - $1,000 p/w Written Appraisal available to potential purchasers.
  • Annual rates: $3,785
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