Ten out of ten! A simply outstanding opportunity for the astute investor - offering a solid investment with brilliant returns and unbeatable future equity growth. Consisting of two multi-unit apartment buildings containing ten one-bedroom units, each with its own front and backyard, garden shed, and off-street parking. The current owner has done all the hard work here including exterior renovation and painting, re-roofing of both buildings and all garden sheds, fencing, new driveways and landscaping. Several of these units have been completely updated inside and all of them are currently tenanted at an outstanding return.
But wait there's more - huge future potential here with approved resource consent for all units to be subdivided into freehold titles, PLUS the knock-out here is that the current owner has done all the work for it to move to the next step with individual titles. Whichever way you look at this you simply cannot go wrong here - great return and massive opportunity for future growth. Whether you hang on to the units and let them earn you a brilliant income, sell some of them or sell all of them on their own title - it's a win, win, and another win!
Get in touch today to avoid disappointment and secure your future. Full information including rental appraisals, resource consent and info pack available on request.