Johnsonville 1 Macaulay Street
Sold
$1,040,000
6.4% Yield, Renovated to High Standard!
Share This Property
Low rates, and going lower means cashflow from rentals is on the cards again!
A short walk around the corner and your at the Johnsonville shopping centre, pool and various parks, position perfect for multiple good schools/colleges.
Featuring 4bed, 2 bathroom fully renovated home + 2 bedroom 1 bath renovated apartment, all on one title, the apartment is ideal for income, grandparents or family members, it is separate from the main house and has its own car-park and deck. Come and see for yourself, the renovation is tastefully done, with double glazing & heat pumps, our Auckland bound sellers have told me to "get it sold".
Combined rental for investors is $850pwk+$500pwk = $1350 per week. ($70,000 per annum)
Note: 2 bed apartment has been renovated but photos are not displayed herewith.
Currently one title for both properties = one set of rates $3196p/a but two income streams.
Separate power meters, and separate infinity gas meters, possibility to create two unit titles exists.
Property Information
- Land area approx 408sqm
- Floor area approx 204sqm
Property Features
- Uncovered Carspaces 3