Investment Opportunity - Good Rental Yield
This property offers a fantastic opportunity for investors, featuring a solid weekly rental income of $440.00, delivering a strong 7.22% gross rental return based on the asking price. Located in an area with strong rental demand, this property delivers both immediate income and long-term growth potential. Don't miss your chance to secure a good investment with potential to add value and rental income with a tidy up.
For Sale
$317,000
Property ID:
ERT20207
Legal Description:
Firstly an estate in fee simple as to an undivided 1/4 share in all that parcel of land containing 2297square metres (more or less) being Lot 32-33 Deposited Plan South Auckland 7759 and Secondly an estate in Leasehold under Lease number B017180.4 being Flat 3 and Garage 3 on Deposited Plan South Auckland 57784. Both the first and second estates being comprised and described in Certificate of Title SA48B/759 (South Auckland Registry).
Year Built*:
1960s
Exterior Construction:
Weatherboard - Timber
Joinery:
Aluminium, Timber
House Area*:
110 square metres (approx)
Bedrooms:
3
Chattels:
Fixed Floor Coverings, Light Fittings, Heat pump(s), Electric Free-standing Stove
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.
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