OPOTIKI
9.0 % Yield
$1,240 per week - $64,480 p.a.
2 x 3 Bedroom Houses newly renovated
- Tenanted - $620 + $620 per week - $1,240 rental
- Gross Yield 9.0 %
- 2 x 3 bedroom houses 100m2 units
- Newly Renovated inside and out
- Healthy Homes Compliant
- Large Freehold 1,011m2
- Corner-site
- Approved Subdivision
- Each property has its own driveway etc.
Subdivision is approved and all costs paid with only titles remaining. Approx $5k to spend to have titles for 2 lots.
Estimated value is $400,000 each lot upon completion.
Price: $695,000
Gross Yield: 9.0 %
Rental: $1,240 per week ($64,480pa)
Land: 1011m2
Building: 200 m2
Bedrooms: 6
Bathroom: 2
Location:
Opotiki is a town located on the eastern coast of New Zealand's North Island, The town offers a mix of rental properties and owner-occupied homes. Situated near the Bay of Plenty, Opotiki enjoys close proximity to stunning beaches, forests, and the renowned East Cape region, making it attractive to tourists and outdoor enthusiasts. In terms of industry and employment, Opotiki's economy is primarily driven by agriculture, horticulture, forestry, and fishing industries, providing job opportunities for locals in these sectors.
Please contact me if you’d like further info.
Shane Carruthers
021 182 6547
[email protected]
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