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    • About this property
    • Features
    • Starting Out or Seasoned Investor

      Property ID KOH22949
      Three 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 !
    • Property features


      Carport x 3


      Dining Openplan Stove Electric Lounge Combined Lounge Dining


      Base Block Fencing Partially Fenced Exterior Brick Aspect Northerly Views Urban Frontage Street Levels Above Ground Water Extra Features Town Sewage City


      Blinds, Drapes, F/Floor Cover, Light Fittings, Stove