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]
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Contact me for further information or to view.
Shane Carruthers M: 021 182 6547 P: 09 215 6202 E: [email protected] |