Sold on 14 August 2020
Property Details
How are current bank rates 1.6% working for you?
Here's an opportunity to purchase TWO 1-bedroom flats with a combined rental income of $525 per week. With excellent tenants and both keen to stay this is an unbeatable investment prospect.
Both flats are insulated and both have heat pumps, the building was re-roofed in 2018 and they also have easy, flat access with one having a single standalone garage.
Tidy, clean and recently repainted interiors and on a central Otaki street, close to the Rail precinct or the Township, these two cuties are perfectly placed.
The ideal investment for those looking for a return on equity and gains in the offing with Transmission Gully and the Otaki leg of the Kapiti Expressway imminent.
RV $220,000
LV $145,000
Floor area 100sqm
Land Area 726sqm