High Yielding Investment Property

10 x Large 68m2, 1 bedroom units side by side

* 3 garages (which could be rented separately)
* 7 Off-street carparks
* Massive cash-flow of $145,600 p/a
* Great location city end of Karori, very private and surrounded in trees
* 100% occupied and all tenancies on fixed terms till 2015
* There's plenty of upside and scope for further rental improvements
* Only 250m to the bus stop
* 2 Separate sheds/rooms with power in one unit on the lawn (not included in any tenancy)
* Independent rental appraisal available
* Large free hold 2,333m section with subdividable possibilities
* LIM report available
* Unit titling possibilities
* Buyer Enquiry Over $1.6m
* Rateatable Valuation, R.V. $2.250,000
* Rates $10,650pa includes water rates.

* Deadline sale 1pm 29th Oct 2014 (no offers prior)

* Private viewings Tuesday and Thursday phone Scott 0272466345