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GREAT INVESTMENT OPPORTUNITY

Whakatane

Simply sit back and harvest the appeal of two properties with 3 rental incomes. Situated on 1138m2 ( more or less). Possible potential for subdivision. First property is a delightful, recently renovated character 2 bedroom cottage, with immense appeal that feels like home the moment you enter it. Featuring the beautiful warm patena of polished wooden floors in the kitchen and lounge, and newly appointed kitchen and bathroom. Laundry and toilet separate. Along with the improvements and a new colorsteel roof installed in August 2017, the owners have certainly done most of the hard yards, so sit back and enjoy the reward. Ample off road parking. Currently tenanted $300.00 per week. Second dwelling has been divided into one bedroom and two bedroom flats, each with their own parking areas, secure yard and garden shed. Currently tenanted at $235.00 per week and $180.00 per week. Perhaps another option worth entertaining could be living in one, renting the other, and managing your portfolio from next door. All tenants keen to stay on. Located within walking distance to both Whakatane and Kopeopeo town centres. Close to schools, hockey turf, Whakatane River and Parks. Open Home Sunday 11th Nov 2018 Cottage @ 1.00 -1.30PM Open Home Front Flat @ 1.45 - 2.00PM Open Home Rear Flat @ 2.15 - 2.30PM

For sale
    $575,000
Features
  • Bedrooms : 5
  • Bathrooms : 3
  • Parking : 0
  • Land area : 1138m²
Outdoor
  • Garden Shed
  • Fenced
Location
Contacts
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