Great Location, Great Yield

Description

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.

PROPERTY DETAILS
  • Estate type: Freehold
  • Rental status: $445 p/w
  • Rental appraisal:$680 - $720 p/w Written rental appraisal available to potential purchasers
  • Floor area: 190m2
  • Land area: 1012m2
  • Bedrooms: 4
  • Bathrooms: 2
  • Car parking: 2
  • Rates: $3,898
AMENITIES

Walking distance to Lake Rotorua, Rotorua Hospital and CBD.

LOCATION
  • $542,800
  • Gross yield: Potential 6.7%
  • Rental appraisal: $680 - $720 p/w

  • Written rental appraisal available to potential purchasers
  • Annual rates: $3,898
REPLY TO THE LISTING
First Name
Last Name
E-mail Address
Phone Number
How can we help you?
ABOUT THE AGENT

Debbie Van Den Broek
Licensed Salesperson - REAA 2008

debbie@ifindproperty.co.nz
021 131 6119