New Zealand

MANUREWA MONEY MAKER - INVESTMENT FLATS - $450000

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Description

Looks can be deceiving . These 2 flats on 1 title have been a great income producer for the current owner who is undertaking a new business venture. Built around the 1940's of a stucco exterior and tile roof they have stood the test of time. Unit A, has 2 double bedrooms and a large living area. Rented @ $190 per week . Unit B, has 3 bedrooms, 1 double & 2 single and a large living area rented @ $220 per week. The rest has remained unchanged for approximately 5 years with the same family in occupancy over this time and keen to stay. Current market trends would suggest they are considerably under rented. Additionally there are two double garages on the large 1353sqm2 site. Being adjacent to the train track - transport to the city should not be a problem. Being tenanted viewing is by appointment only with the agent. If you wish to view please phone Doug Futter 0274 883 755 whilst I welcome internet/email enquiries please note an address will not be given without your full name and contact phone number.

Was for Sale


Place: 118 Browns Road, MANUREWA, AUCKLAND, New Zealand, 1702 Average Price in MANUREWA ...