Location: 2.5 km from Whangarei City Centre, New Zealand
Property Type: 3-Unit Residential Complex
Bedrooms per Unit: 2
Status: Two Rear Units Undergoing Healthy Homes Upgrades
CV Combined: $1,145,000
Here we have a standout investment opportunity. This 3-unit complex offers both a prime location and significant growth potential. The layout of the complex ensures privacy for each unit.
Unit 1:
• Requires an upgrade internally, two bedrooms, weatherboard with single carport.
• Current rent can be increased on 30/05/25
Unit 2:
• Split-level tidy two-bedroom brick-and-block unit with oversized single garage.
• Current rent can be increased on 25/11/24
Unit 3:
• Two-bedroom brick unit with oversized single garage/workshop.
• Current rent can be increased on 11/11/24
Prime Location:
• Just 2.5 km from Whangarei City Centre, this property benefits from proximity to shops, schools,
and transportation.
• Set against the Raumanga Scenic Reserve, these units offer tenants a peaceful living environment with easy access to the reserve and shared path.
Current Upgrades:
• Units 114/2 and 114/3 are currently undergoing upgrades to meet Healthy Homes Standards. These upgrades will ensure compliance with current regulations.
• Unit 114/1 will need upgrades done to meet the Healthy Home Standards.
Whether you want to expand your property portfolio or invest in a well-positioned asset with future growth potential, this property is a standout choice.