Turn key Investment with 7+% Gross Yield

28 Sunrise Avenue, Owhata, Rotorua - $560,000

Make an offer this one won't last!


Highlights:

Property Features: Dual Income

  • Price: $560,000
  • Gross Yield: Potential 7%
  • Capital Value: $430,000
  • Rental Status: $590 p/w
  • Rent Appraisal: $720 - $760 p/w
    Written Appraisal available to potential purchasers
  • Annual Rates: $4,091
  • Estate Type: Freehold
  • Floor Area: 156m2
  • Land Area: 809m2

Are we close?

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

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.

Amenities

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

QV Property Report 28 Sunrise Avenue Owhata Rotorua.pdf

Rates File 28 Sunrise Avenue Owhata Rotorua.pdf

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."