Kelburn 60 Fairlie Tce

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

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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 $980,000Rates $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:
www.nz.open2view.com/properties/293386

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!