Great Location, Great Yield

15 Koutu Road, Koutu, Rotorua - $542,800

Cashflow positive and almost bomb proof!


Highlights:

Property Features: Multi income

  • Price: $542,800
  • Gross Yield: Potential 6.7%
  • Rental Status: $445 p/w
  • Rent Appraisal: $680 - $720 p/w
    Written Appraisal available to potential purchasers
  • Annual Rates: $3,898
  • Estate Type: Freehold
  • Floor Area: 190m2
  • Land Area: 1012m2

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If this property is not quite what you are looking for, contact the agent today to discuss finding a property directly for you.

About the Property

Fabulous dual income property, almost tenant proof as it is made of solid concrete therefore no pesky holes in walls for this solid block of two units. With the added advantage of being set within a moderate walk to the CBD and hospital and only a short walk down to Lake Rotorua. Cashflow positive from day one!

This is a block of two 2 bedroom units, currently tenanted and the tenants would be keen to stay on.

The units are tidy and are in good condition however there is always room for improvement to add value. Additionally as the units are set on a large section there may be room to add a minor dwelling (subject to council consent).

Each unit has 2 double bedrooms that open on to an open plan living/kitchen area. The interior walls are solid concrete and both units are spacious and sunny. By adding a heat pump to each unit you will increase the rent by an extra $20/week.

There is covered internal access parking between each unit.

Contact Debbie today to find out more about this cashflow positive opportunity.

Amenities

Walking distance to Lake Rotorua, Rotorua Hospital and CBD.

Debbie Van Den Broek
Licensed Salesperson - REAA 2008

debbie@ifindproperty.co.nz
021 131 6119

Contact us about this property

Agent Contact Details

Debbie Van Den Broek
Licensed Salesperson - REAA 2008

debbie@ifindproperty.co.nz
021 131 6119

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Debbie has been wonderful to work with. She was professional, thorough and has an inside knowledge about the Rotorua market. On top of this she is willing to share her extensive knowledge with her clients as she is on the side of the investor."