52A Futter Street, Foxton, Horowhenua, Manawatu

52A Futter Street, Foxton, Horowhenua, Manawatu Great investment with proven track record

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.