Are you looking for a great return on your money? Look no further. I have just the investment gem for you. Situated opposite the Botanic Gardens tightly held and owned for 17 years is this property built in the 1920’s with 3 fully self-contained flats and earning a hefty $82,680.00 pa.Outstanding Rental investment opportunities like this are few and far between. A 343sqm three-flat property consisting of a 4-double bedroom flat, a 2-double bedroom flat and a 1-double bedroom flat. Not only are you buying a very strong rental property with an excellent track-record, you are buying a property with immediate upside and resilient future growth potential. All 3 flats are on fixed term leases until 4 February 2017 so your income stream is secure.
With historic low NZ cash-rates, right now is the time to buy an investment property. Not just any investment property but one with a strong and proven performance record having never been vacant in 17 years.
Located within easy walking distance to Victoria University, the City, Parliament, shops and buses, this investment property has many options for the astute investor. The house itself is in very good condition and well maintained being rewired, re-roofed (2005), had kitchens and bathrooms modernised, re-carpeted, the front has recently been repainted, chimneys removed and walls strengthened to bring it up to 65% NBS providing a strong foundation to your portfolio growth.
Viewing is by appointment only so please call today to arrange an inspection.
|Floor size (m2):||340|
|Lot size (m2):||897|
|Legal Description||LOT 260 DP 1087|