234 Waihi Road, Judea, Tauranga, Bay of Plenty

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If you have been considering an investment property, or have an established portfolio that you are interested in adding to, this could be the opportunity you have been waiting for. With a fixed term tenant downstairs, and a tenant on periodic upstairs there is also the potential for home and income. Currently bringing in $1.125 pw. With a little TLC there is potential for further improvement and a greater return.

Purpose built, the property includes a two story dwelling with two separate, two bedroom flats. The title is freehold and the property is currently tenanted with great tenants, with a current return of approximately 5%.

Flat one occupies the top floor and offers a lovely open plan living area that has an expansive outlook to the East and a balcony leading down to the easy care lawn area. Flat two on the ground floor has the same floor plan, however opens directly to a garden and lawn.

Both flats offer two double bedrooms with bathroom, laundry area and a corner kitchen. Downstairs has been recently updated and upstairs is in very tidy condition.

There is off street parking for the tenants including a double carport for the top flat and a single with extra parking space for the lower level.

Situated in a central location, only a few minutes to Brookfield and close to the CBD. In zone for Brookfield Primary, Otumoetai College, Tauranga Boys and Girls colleges and Otumoetai Intermediate.

If you are interested to know more, please give me a call.