Unit for Sale
- About this property
Starting Out or Seasoned InvestorProperty ID KOH22949Three classic 1960s brick and tile units for a total asking price of $425,000.
Perpetual leasehold land (tax deductible)
Current ground rental is $20,940 p.a. Roll over not until 2027.
A great return, with a rental income currently of $58,760 p.a. and three solid tenants.
This is a popular location, close to Meadowbank, Stonefields, and Glen Innes shopping and also the waterfront
beaches of Mission Bay, Kohimarama and St Heliers. Merton Road sports complex right nearby.
Good investment - or live in one and use the others to pay your ground rental.
Opportunity Plus !
ParkingCarport x 3
InteriorDining Openplan Stove Electric Lounge Combined Lounge Dining
ExteriorBase Block Fencing Partially Fenced Exterior Brick Aspect Northerly Views Urban Frontage Street Levels Above Ground Water Extra Features Town Sewage City
ChattelsBlinds, Drapes, F/Floor Cover, Light Fittings, Stove