7 Rawhiti Street, Morningside, Whangarei, Northland

7 Rawhiti Street, Morningside, Whangarei, Northland Simply Smart Buying

The best of investments. 6 units = 6 income streams all on 1 title.

The basic calculations on this one show up to 9% gross return, take away around 1/3 Opex leaves you with a 6% net return. Let's continue, if one unit is empty there's still income to pay the bills and then some. Great walk to town location, simple and easy layout no fuss units.

Currently leased to a solid housing trust gives even more security and the confidence to make a few improvements, catch up with a bit of maintenance - and the knowledge that your money is better here than in the bank (in my opinion). Savvy investors check this out - see if I am right. Simply a darn good investment!

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