52A Futter Street, Foxton, Horowhenua

We know the history of this place like the back of our hands. We have sold it twice before: sold in 2013 for $96,000, sold again six years later in 2019 for $210,000, and now for sale again another six years later for $299,000. At this rate, by 2031 it could be worth around ??? And it has great tenants, currently paying $370 per week.

For you bean counters, that’s a gross rental yield of 6.41% and a net rental yield of 4.74%. Built in an era (1973) when things were made to last, this home is low maintenance.

The front unit in a block of three, with easy access, away from the hustle and bustle and traffic but with the security and comfort of neighbours close at hand if needed and a primary school, kindergarten, park and BBQ area close by. 90m2 (approx.) two-bedroom, one bathroom, laundry, open-plan living, dining, and lounge with no fewer than three, yes THREE heat pumps and a carport.

Call to view today, don’t delay, this property will sell.