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• Returning $540,800 plus GST (approx. $466,300 + GST net)
• Recently refurbished low-maintenance investment
• Hawke's Bay location secures future lease income
• A-grade tenant - Silver Fern Farms
Returning an income of circa $540,800 plus GST per annum (approx. $466,300 + GST net) with annual growth, this fully tenanted asset is centrally located in Hawke's Bay, one of New Zealand's premier food growing regions. Providing critical worker accommodation for NZ's leading meat exporter Silver Fern Farms, the centrally located offers an easily accessible passive investment.
Comprised of fifteen (15) recently refurbished units in a mixed configuration of one, two, and three-bedroom units (up to 65 beds) provide options and flexibility for tenants and residents. Low maintenance with a sealed carpark offering 21 parks, boundary landscaping, and easy care units on a strong lease confirms this passive investment.
A new five-year lease from 1 February 2022 with five further years of renewals (over two terms), and market rent review in 2025 will provide bankable returns.
Any portfolio will strongly benefit from this investment, especially if you are looking for diversification.
街道地址 | 距離 | 房間數 | 浴室數 | 建築面積 | 售出時間 | 售出價格 | 數據來源 | |
|---|---|---|---|---|---|---|---|---|
 | 3.45 km | 3 | 2 | -m2 | 2024年03月20日 | $990,000 | Council approved | |
 | 7.12 km | 4 | 2 | -m2 | 2024年03月20日 | $1,280,000 | Council approved | |
 | 1.67 km | 4 | 2 | -m2 | 2024年03月15日 | $1,495,000 | Council approved | |
 | 0.82 km | 2 | 1 | -m2 | 2024年02月22日 | $905,000 | Council approved | |
 | 6.02 km | 6 | 3 | -m2 | 2023年11月29日 | $975,000 | Council approved |