Tokoroa

8 Bedrooms3 BathroomsID TOU171698

Brick Investment for the Future

Would you like to anchor capital growth and an enjoy a proven revenue stream?
This investment property could be just what the doctor ordered.
Location is key, and this property delivers! Situated close to schools, parks, and the CBD, residents will enjoy the convenience of having amenities at their doorstep.
Unit (A) has two bedrooms, and has its own off-street parking close to the rear door area.
Units (B) & (C) are three-bedroom dwellings and have carports.
All of the units are presented in a reasonably tidy condition and are currently fully tenanted.
Currently the combined annual rental income is $50,960 and there is room for improvement with annual increases due to be applied to two of the units before the end of this year.
Our vendor has decided after years of property investment, it is now time to hang up his hat and move on. Blocks of brick units are rarely offered to the market, so we would advise that you act quickly to lock in this smart investment.
Call the Property Brokers listing agents to arrange a viewing appointment.

NB: Please allow 48 hours notice for viewing times as all three units are tenanted.
CHATTELS  Fixed floor coverings   |   Light fittings   |   Electric Stoves in Unit a Unit b Unit c   |   Extractor Fans in Unit a   |   Unit b   |   Unit c
Features
Area | 220.00m2Land | 827 m2Rates | $7,979.70Regional rates | $324.88LV | $198000RV | $645000
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Iseul Small

M  021 164 5185  P  

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