SET SALE DATE being ALL OFFERS SUBMITTED by 6pm this Thursday 26TH of March 2020
All viewings are strictly by appointment. Please call to arrange a viewing time.
Investment decisions don't get much easier or more straight forward than this. A legal home and income, 60's block and weatherboard construction, a flat freehold section, a fantastic location, and tenants in place that really want to stay. The house, the site, everything about this property is simple. Buy, settle, and enjoy making money while you sleep as the rent rolls in and the value goes up!
Upstairs a light and bright 3 bed 1 bath home with flow to a north facing balcony for entertaining. Currently rented to a fantastic long term tenant (who would love to stay) for $500 per week.
Downstairs, a more recently renovated 3 bed 1 bath home, currently rented to a lovely young family on a fixed term till Jan 2021 for $490 per week.
That's nearly a $1000 per week total rental income!
Plus Willow Park school less than 200m away, public transport outside the drive and motorway access moments away, the convenience and ease of the location and property make living here a breeze! Whether you want to live in one and rent the other, or keep them both rented, should the current tenants ever leave, finding great tenants again will not be a problem.
Features:
- 1960/70's block and weatherboard construction
- Legal Home & Income - 2x 3 Bed 1 Bath flats with separate power & water
- Flat 675sqm freehold section
- Rental Income $500 upstairs & $495 downstairs
- Short 200m walk to Willow Park School (in zone)
- Easy access to motorways & public transport
- Plenty of scope to add even more value
Our motivated vendors have enjoyed the returns from what has been a fantastic investment, but are now committed elsewhere and seek a quick and easy sale. So don't delay, it will be sold!
DOCUMENTS: For the LIM & Title visit www.harcourtsfiles.co.nz & use code EDF1
CV: $1,140,000