Here's a rare opportunity to secure a block of 5 units in a handy Whangarei location.
A solid earner this ideal long term investment boasts 4 roomy one-bedroom flats and a spacious three-bedroom upstairs unit on a big lot that's handy to both the city and south end of Whangarei. Great off street parking, shared laundry and extra storage add value to this package while the potential is there to spruce up and significantly improve the rental return.
Current rent levels see the property returning $1230 per week for a projected gross annual return of close to $64,000 or about 7% confirming this as a an excellent long term investment option.
Owners committed to a sale and seek a result. Call or email now for further information or to arrange a viewing.
Recent WDC LIM report and Property information Pack available