93 Rakau Road Hataitai, 60 NZ
Investors: Home & Income - Rv $425,000
INVESTORS:Home & Income - RV $425,000
Opportunity is knocking LOUDLY here!
This solid home & income is positioned for great views and located in a very popular rental location.
For Sale by TENDER - IF NOT SOLD PRIOR.
Currently under-rented (rental appraisal available), this property presents the opportunity to add significant value from cosmetic improvements, and increase the return considerably.
UPSTAIRS FLAT: * 4-bed 1-bath (3 very generous doubles, 1 smaller double) * Large eat-in kitchen * Separate lounge * Panel heaters in all bedrooms * Insulated ceiling & floor * Gas heating in the lounge * Currently rented for $500pw (periodic) * Market rent $580-600pw (appraisal available)
DOWNSTAIRS FLAT * 2 bedrooms (1 double, 1 single) * 1 bathroom * Large open plan kitchen / dining / lounge * Gas heater in lounge (untested) * Heat pump (not connected and never used) * Insulated ceiling and floor * Currently rented for $300pw (periodic) * Market rent $310-320pw (appraisal available)
My vendor's instructions are clear: although he has owned this property for 17 years, a change in personal circumstance means HE NEEDS IT SOLD NOW.
Sold $535,000
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Alen Moshi