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Are you an astute investor looking to invest in the 'long game', here we have a strategic development with the groundwork completed. Grab the batten for these four attractive townhouses that will provide a low-maintenance investment product for years to come. These four sections (LOTS 2-5) have the convenience of a valid Resource Consent and Planning approved from July 2020. The vision of this site and what it could become is very clear, there is an already established right of way and many amenities within walking distance. Looking at purpose-built rentals or Airbnb options could be the way to go here and once completed, these convenient townhouses could fetch a probable rent of the following:
Units 1 & 4 (three bedrooms, two living and two bathrooms) $680 - $700 per week
Units 2 & 3 (two bedrooms, one living and two toilets) $580 - $600 per week
For more information to discuss your options please contact Casey or Jeremy.