Dual Income - Reap the Returns

64C Fairview Road, Western Heights, Rotorua
Price: $547,900

AMAZING! Renovated to a very high standard, close to schools & shops.

This duplex ticks all the boxes and three bedroom units to boot.

Act fast these won't last long at all.

This property consists of 2 three bedroom units. Both have been fully renovated to a very high standard.

Open plan living areas with modern kitchens complete with range hoods.

The living area opens out on to a wooden deck/BBQ area that is extremely private.

Even though the units are joined they are extremely private from each other. The property is set down the end of a driveway and is quite secluded.

The carpets appear to be as new, paintwork is in good order as are all the light fittings and drapes.

There are three double bedrooms and a modern bathroom area.

Both homes are warmed with a heat pump, are all fully insulated and come complete with security alarms.

The grounds are easy care and there has been many metres of concrete laid and fencing is good.

Seldom have I found investment units that do not need some level of modernisation or renovation.

These units are simply beautiful and will be highly desired by tenants. However there is some upside, with scope to add covered parking to increase rents.

I estimate that adding carport for each unit ($5,000 per carport) new, less for second hand) could add an extra $15 per week to the rent per unit.

This won't last long, so act quick!

Property Summary
Rooms:6 bedrooms, 2 bathrooms
Area:House area: 148 sq. m
Government valuation:$312,000
Rates:$3,768 per year
Rent:Currently tenanted, $640 rental per week
Gross Yield:7%
Web site:Click here »
Property ID:1988
Seller Details
Name: Debbie Van Den Broek
Company: I Find Property
Mobile: 021 131 6119
Email: Contact the seller »
Website: www.ifindproperty.co.nz
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