Multi Income in Great Location

Description

Looking to expand your portfolio or purchase a multi-income property in a great area?

Well, this is your chance!

Here is 2 x 4-bedroom flats (one above the other) on Hankey Street in Mount Cook. So close to Massey University.

Highlights include:

• Fantastic location. Mt Cook is a sort after location for students and professionals

• 2 x 4-bedroom flats

• Proven track record of success

• No obvious work required (although we suggest you get your own builders report)

• Bottom flat rented at $945pw to Feb 2027

• Top flat currently advertised, although 1 room is rented at $220pw and seeking other flat mates to potentially return $980pw

• 2026 potential combined rent $1,925 or $100,100pa. Property achieved $2,000pw last year

• Price $1,285,000 so around 7.78% Gross yield on this years’ projected rent

• Property Archive files available along with rental agreements and HH Certificates

Please contact Peter today for more information or to arrange a viewing.

PROPERTY DETAILS
  • Bedrooms: 8
  • Bathrooms: 2
  • Car parking:
  • Floor area: 190
  • Land area: 335
  • Estate type: Freehold
  • Rental status: Upstairs 2 room rented at $220, others advertised, expecting $980pw. Downstairs $945pw to Jan 2027.
  • Rates: $9,791.92
LOCATION
  • $1,285,000
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ABOUT THE AGENT

Peter Ambrose

Licensed Salesperson
REAA 2008