Listed: Fri 06 May, 13:41 pm

Opportunity is knocking so open the door!!

A rare find these days, this solidly built 1960’s block of 3 x1 bedroom flats might be the one for you. Situated on a 812sqm (more or less) section, if you have been thinking of dabbling in the residential rental market here is your opportunity.

Each unit has a compact living area with a porch to the front. There would be room for a small dining table in the living area. The kitchen is standard with good cupboard space. There is a small laundry off the kitchen and through the laundry is the bathroom. The bathroom has a shower over the bath, basin and toilet. The bedroom has single wardrobe space.

Flat 2 has been recently renovated. Flats 1 & 3 have potential for improvement.

The lawns are currently mown by the landlord but each tenant pays their own water rates. All three flats are currently tenanted and the current gross return on rental income is 8.44%.

We are expecting strong interest in these, so dont delay and make your appointment today.

Call Sandra Robinson 021401895 or Casey van Engelen 0211623327

Solid Investment Opportunity

47 Wihongi St Kaikohe

$459,000

Land Area: 812

Bedrooms: 3

Bathrooms: 3

Sandra Robinson

Principal Officer - Rental Manager

M. 021 401 895 P. 09 401 0895

Email agent

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