[SOLD] Tidy Block of Two, 2 Bedroom Units in Popular Rental Area

93A & 93B Lisa Crescent, Mangakakahi, Rotorua - $327,995

Very tidy block of two, 2 bedroom units.

Finding blocks of units are getting harder and harder in Rotorua and are snapped up almost before they get on the market, so get in quick!


Highlights:

  • Price: $327,995
  • Gross Yield: Potential 7.9%
  • Capital Value: $260,000
  • Rental Status: $380 p/w
  • Rent Appraisal: $500 p/w
    Verbal Appraisal - TBC in writing
  • Annual Rates: $4,221
  • Estate Type: Freehold
  • Floor Area: 150m2
  • Land Area: 1021m2

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Additional Information

Constructed of low maintenance summit stone with a corrugated iron roof and aluminium joinery, these are particularly spacious units and current landlord has maintained them well.

Each has two double bedrooms with built in wardrobes, one bedroom is at the front of the house and the other at the rear. Each unit has a large private outdoor area at the back of the property.

The open plan lounge/ dining has a large ranch slider accessing the front deck area. The walls are well maintained and there are curtains throughout the home. Your tenants will be kept warm in winter as both homes have heat pumps.

The kitchens are well painted with numerous cupboards and Formica bench tops with free standing stoves. There is a laundry area beside the backdoor and access to the private backyards.

The units are mirror images of each other with the following differences:

93A Lisa Crescent has a large glass shower modern vanity and separate toilet area. There is a carport at the front of the unit (not attached) with a shed.

93B Lisa Crescent has a shower over the bath, slightly older vanity and separate toilet area. The carport for this unit is attached to the side of the home.

The work has been done on these units all that is needed is a bit of garden maintenance. Current tenants are paying well below market value rents for units of this size and in this area.

Amenities

These units are set down a driveway, so are well off the road and are directly across the road from St Michaels Primary School. There are numerous levels of schooling nearby as well as a day care centre.

Debbie Van Den Broek
Licensed Salesperson - REAA 2008

debbie@ifindproperty.co.nz
021 131 6119

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This property is SOLD
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Agent Contact Details

Debbie Van Den Broek
Licensed Salesperson - REAA 2008

debbie@ifindproperty.co.nz
021 131 6119

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."