Kelburn 58 Fairlie Tce

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$2,115,000

Investors: Are You Ready to Retire? Rent $105,040pa

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INVESTORS: Are You Ready To RETIRE? RENT $105,040pa

Two Blocks of Flats - Buy One or Buy Both.

58 & 60 Fairlie Terrace, Kelburn.

These two adjacent blocks of flats offer 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.

58 FAIRLIE TERRACE:
2 x 1-bed flats 4 x studio flats 3 x garages & 2 x car parks Total rent $2,020pw = $105,040pa 2012 RV $1,225,000Rates $5,875.16pa Insurance $2,581.64pa Council earthquake assessment = 51% of NBS therefore NOT deemed to be earthquake prone
Details for 60 Fairlie Tce available here:
www.nz.open2view.com/properties/293387

Interest rates are low, and the economy is starting to grow, so the outlook is good for property investors. This property is a pre-packaged retirement plan. Contact me (Adam) for more info, come to an open home, and get ready to retire soon!