Committed to Selling! BEO $745,000
Lock in an interest rate now. With at least a 7% gross return and, while there is still a university a steady stream of tenants, this property is definite viewing for a realistic investor. Situated on Kelburn pde and ten minutes walking distance to Uni and Kelburn village this early 1900's two storey house is divided into a four bedroom and two bedroom flat. With an excellent rental history the combined rental is $1110,00 per week.
Upstairs rented at $700pw and leased till November this year has::
Four bedrooms each with wardrobes, open plan living and one bathroom. The infinity hot water systems ensures no cold showers.
Downstairs rented at $410pw andleased till Feb 2015 was overhauled in 2005 has two bedrooms, each with wardrobes, one bathroom and open plan living.
They both share the laundry, which has an in built key powered electricity system and there are two storage spaces.
Insulated where possible through The Housing Sustainability trust and an HRV system that services both flats.
Straight forward hand over, just give the tenants your details. What could be easier
.
RV: $680,000.
Rates $2705.94
Viewing is by appointment with 24 hrs notice. Phone Clare Aird to arrange a time.