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4 Flats! 10% return!

Waipawa

$270,000

    • 6
    • 4
Property Information
4 low maintenance flats, all currently rented, and making a healthy return of 10.3%. Huge driveway area for plenty of parking, 3 big carports, lock up storage and very handy to town. Two flats have 2 bedrooms, and the other two flats are 1 bedroom, all fully self contained and in tidy condition. For instant income and a huge return, buy these now!

Extra information:

Flat 1 rented at $125 per week with a $500 bond
40 sq m, 1 bedroom, closest to the street

Flat 2 rented at $135 per week with a $480 bond
50 sq m, 2 bedrooms

Flat 3 rented at $150 per week with a $600 bond
60 sq m, 2 bedrooms

Flat 4 rented at $125 per week with a $500 bond
40 sq m, 1 bedroom

3 concrete block carports at the end with lock up storage
Town water supply and sewerage system
Standard chattels are all included
Rates $7198.22
Land 1166 m²
2012 GV $250,000
House 190 m²
Approx Floor Area190 sqm
Land Size1166 sqm
TenureCross-lease
Approx year built1970
Property conditionGood
Property TypeBlock of units
Unit styleNumber in block: 4, Number of levels: 1
Garaging/carparkingOpen carport, Off street, Free standing
JoineryAluminium
RoofIron
FlooringOther and Carpet
Chattels remainingBlinds, Drapes, Fixed floor coverings, Light fittings, Stove, TV aerial
ViewsUrban
AspectEast
FencingPartial
Land contourFlat
Water supplyTown supply
SewerageMains
LocalityClose to schools, Close to shops

Contact Details

Waipukurau

Team CHB Ltd

Licensed Agent REAA 2008

43 Ruataniwha Street
Waipukurau
Office website

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