Turn key Investment with 7+% Gross Yield

  • 28 Sunrise Avenue, Owhata, Rotorua
  • 6 Beds
  • 2 Bath
  • 156m2

Description

This property would make any investor very happy. Two, very tidy, three bedroom dwellings all on one freehold site so lower council rates costs.

28 Sunrise is a weatherboard home with an iron roof with plastic spouting. The home is fully modernised with good carpets and amenities. Nothing to be done here, tenant has lived there for 2.5 years and would love to stay on and has absolutely found no issues with the property.

The home is well painted inside and out, has a modern kitchen, combined bathroom & toilet with shower over the bath.

There is a double garage that is shared between the two properties.

28A Sunrise Ave is a smaller home, Hardiplank cladding and Decromastic tile roof.

The home has 2 double bedrooms and 1 single bedroom. The mature tenants have lived here for a while and really want to stay on.

The interior is tidy and with no major issues. There is a large ranchslider off the lounge and master bedroom onto the sunny wooden deck.

With council rates of $4,090.83 per annum and a rental appraisal of up to $760.00 per week this is a 7% Gross Yield at asking price.

Both dwellings are insulated in the ceiling and underfloor and have heat pumps installed. They are both very tidy homes and each has garaging and private sections with a shared driveway.

They are both currently tenanted and the tenants have indicated they would like to stay.

Call Debbie today for further information on this opportunity.

PROPERTY DETAILS
  • Estate type: Freehold
  • Rental status: $590 p/w
  • Rental appraisal:$720 - $760 p/w
  • Floor area: 156m2
  • Land area: 809m2
  • Bedrooms: 6
  • Bathrooms: 2
  • Car parking: 2
  • Rates: $4,091
AMENITIES

Close to Eastgate Business park, Rotorua Airport and all levels of schooling

LOCATION
  • $560,000
  • Gross yield: Potential 7%
  • Rental appraisal: $720 - $760 p/w
  • Annual rates: $4,091
REPLY TO THE LISTING
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ABOUT THE AGENT

Debbie Van Den Broek
Licensed Salesperson - REAA 2008

debbie@ifindproperty.co.nz
021 131 6119

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