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60 Fairlie Tce Kelburn, 60 NZ

Investors: Are You Ready to Retire? Rent $98,800pa

5 5 6

INVESTORS: Are You Ready To RETIRE? RENT $98,800pa

Two Blocks of Flats - Buy One or Buy Both

58 & 60 Fairlie Terrace, Kelburn

Two adjacent blocks of flats, offering a fantastic blend of location and income.

Experienced investors will instantly recognize the calibre of this opportunity - a total of 11 flats, 3 garages & 8 car parks, in a city fringe location, just 200m from Victoria University, boasting wonderful sun and views. All on two titles - buy one or buy both.

Well insulated, generously proportioned, HRV system throughout, plus many flats with heat pumps... all this ensures high demand from good quality tenants. These properties boast a long and impressive history of strong rents and very high occupancy.

DETAILS FOR 60 FAIRLIE TERRACE: * 4 x 1-bed flats * 1 x studio flats * 6 x car parks * Total rent $1,900pw = $98,800pa * 2012 RV $980,000 * Rates $5,046.30pa * Insurance $1,984.02pa * Council earthquake assessment = 56% of NBS therefore NOT deemed to be earthquake prone

Details for 58 Fairlie Tce available here: http://www.nz.open2view.c

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Inspect

Inspection of this property is available strictly by arrangement only.

Contact

Century 21 The Moshi Group The Moshi Group
Licensed under the REAA 2008
Level 1, East Wing, 23 - 29 Broderick Road
Johnsonville 6037