Taumarunui

9 Bedrooms4 BathroomsID TUU114578

One of the best returns you will find

This set of 4 flats is a fantastic opportunity for investors looking for a solid return on their investment with further potential for improvement. With a potential gross return of around 9 % accompanied with the chance to push this above 10% with improvements this property is sure to be a sound addition to any investment portfolio. One of the flats is a spacious 3-bedroom unit, while the other three are 2-bedroom flats. They all are in varying conditions with most being tidy and having had some redecoration in recent years. The property has a great history of long term tenants and currently three of the flats are occupied, while one is currently vacant but easy to tenant, providing the opportunity for immediate income and to reap the rewards. These flats are located in a desirable location, with easy access to local amenities. With a mix of 2- and 3-bedroom units, this property is well-suited to accommodate a variety of tenants. Don't miss out on this opportunity to add a valuable asset to your investment portfolio. Act fast to secure these flats and start earning a solid return on your investment.
CHATTELS  Drapes   |   Electric Stove   |   Extractor Fan x 3   |   Fixed Floor Coverings   |   Heat Pumps x 4 and Remotes x 4   |   Range Hood
Features
Area | 270.00m2Land | 2396 m2Rates | $10,410.65paRegional rates | $315.20paLV | $47,000RV | $405,000
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Mel Clay

M  027 200 1991  P  07 895 7123

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