• Home
  • Properties
    • Palmerston North - 2 x 3 Bedrooms
    • Christchurch - Multi-Income 7.2% Yield
    • Dunedin - 2 Units $975 pw 9.6%
  • About
  • Find me a Property
  • Property Alerts
  • Sell your property
  • Contact
  CASHFLOW PROPERTY
  • Home
  • Properties
    • Palmerston North - 2 x 3 Bedrooms
    • Christchurch - Multi-Income 7.2% Yield
    • Dunedin - 2 Units $975 pw 9.6%
  • About
  • Find me a Property
  • Property Alerts
  • Sell your property
  • Contact
Get New Listings Notifications




OPOTIKI - Bay of Plenty

9.4 % Yield - 1,011m2 Freehold

3 Bedroom + 3 Bedroom house

APPROVED SUBDIVISION


$1,130 per week


​​


  • 9.4 % YIELD
  • Large Freehold 1,011sqm road frontage flat site
  • 3 Bedroom house 103m2 
  • 3 Bedroom house 80m2
  • Approved Subdivision
  • Each house has their own driveway access
  • Process has already started with application towards council to separate onto two titles
  • $1,500 fee has been paid to council and $5,950 invoice paid to CKL Surveyors that have visited site and lodged
  • Equity gain - estimated value after subdivision is $400,000 each site 
  • Rental appraisal $580 + $550 per week each ($1,130 per week total)
  • Good location opposite St Josephs School and 2 mins to town centre

  ​

Rental appraisal $580 per wk and $550 per wk - ($1,130 per wk)  - $58,760pa

Gross Yield is 9.4%

Cashflow Positive after all expenses of $230 per week


Price: $629,000

Gross Yield: 9.4 %
Rental: $1,130 per week ($58,760pa)
Land:  1,011m2
Building: 103m2 + 80m2 -183m2 total
Bedrooms:  6
​Bathroom:  2



Location:
Located in Opotiki, great location opposite St Josephs School and 2 mins to town centre.

 
Please contact me if you’d like further info.

Shane Carruthers
021 182 6547 
[email protected]
​


 

    Contact Us about this property

Submit
Picture
Contact me for further information or to view.
​
​

​
​





​

Shane Carruthers

M:  021 182 6547
P:   09 215 6202
​
E:   [email protected]




 M:  021 182 6547    P:  09 215 6202    E:  [email protected]    

Nexus Property Group Ltd - Licensed REA 2008 


  • Home
  • Properties
    • Palmerston North - 2 x 3 Bedrooms
    • Christchurch - Multi-Income 7.2% Yield
    • Dunedin - 2 Units $975 pw 9.6%
  • About
  • Find me a Property
  • Property Alerts
  • Sell your property
  • Contact