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Bay of Plenty
Compare this investment to what you would get in the bank - it's a no brainer! On one freehold 1110m2 section are several rented units. The dwelling consists of a studio, one, two & three bedroom units, currently all rented. The property is tucked away, private and quiet and the location is within easy access to schools, the hospital, shopping, the bus stop, arterial routes and the CBD. The interiors are tidy, yet dated, with scope for an investor to do up and boost potential returns. The current market rental appraisal for the property (as is) sees a healthy return of $61,880 per year. This property is seriously for sale. Viewings are strictly by appointment.