[SOLD] Cashflow & Good Tenant Happy to Stay
12 Oban Street, Flaxmere, Hastings - $241,000
Cashflow deal - under $250,000. Buy in one of New Zealand's fastest appreciating suburbs of Flaxmere.
Two bedroom home with a garage plus workshop, makes this a popular property for tenants.
About the Property
Secure yourself this little cash-cow to add to your portfolio or to get on the investing ladder for under $250,000.
This two bedroom, one bathroom standalone weatherboard property with iron roof offers an open plan kitchen / lounge / dining with a heatpump that has just recently been installed. The property is in a tidy condition and is currently rented by an excellent tenant who would love to stay on. Fully fenced with a flat section, front and back completes the picture.
A bit of a spruce up in the form of paint and carpet at some stage, if you were to do the work yourself approx $5,000, could increase value but this property is currently rented for $320 p/w and has a current rental appraisal of $320-$330 p/w.
There is a huge demand for rentals in Flaxmere and anything under $350 p/w is hard to find.
Contact Lauren today about this great opportunity.
School, transport, park, playground, shops, church