If you're looking for a hands off addition to your property portfolio, look no further.
These 3 ex-housing New Zealand units sit on one title across a total land area of approx. 1,179 sqm with approx. 370sqm of floor area.
The units are all healthy home compliant, fully tenanted & professionally managed by Raywhite Hokitika.
The units currently gross $1,130 per week / $58,760 per year.
Insurance is approx. $3500 pear year
Westcoast regional & Grey district rates combined are $6,822.25
Very well designed, the three units have open plan kitchen and dining areas with good sized lounges.
Downstairs the units all have a separate toilet and a separate laundry. Upstairs, unit #16 and #20 have 3 bedrooms each, and the middle unit, #18 has 4 bedrooms.
All 3 units have an upstairs bathroom with a toilet in each.
Two units are heated by fireplace & the third has recently had a heatpump installed.
All tenants are very keen to stay in place making this a very easy transaction, producing a significant income.
Follow the link below to access the documentation we currently have on this property. (LIM, title, rates & rental appraisal)
https://vltre.co/rDnLO8
Call Vinnie today to organise a private viewing.