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  CASHFLOW PROPERTY
  • Home
  • Properties
    • Auckland 6 X 1 Bedroom Units - $2,520 pw
    • Dunedin - 2 Units $975 pw 9.6%
    • Gisborne - 8.5 % Yield - 2 x 3 Bedroom Units
    • Gisborne - 9.5 % Yield - 3 x 2 Bedroom Units
    • Hasting - 10% Yield - $2,800 pw
    • Dunedin 11 Bedroom House $2,000 pw
    • Whanganui - 2 x 3 Bedroom Units
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Legal Home & Income on 1619m2 Freehold Site

DEVELOPMENT POTENTIAL - Zoned Mixed Housing Suburban


Property Details

Picture
Price:  By Negotiation

CV:  $1,050,000
Building:  175m2
Land:  1619m2
Bedrooms:  6 + 2 
Bathroom:  2 + 1

Garage:  2
Rates:  $3,433.67pa
Rental Appraisal:  $750pw + $500pw = $1,250pw or $65,000pa

Zoned Mixed Housing Urban


Contact me for further information or to view.

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

This site is huge at 1619m2 !!

It is a Legal Home and Income consisting of a 6 bedroom (3 up 3 down) and a 2 Bedroom dwelling, returning $1,250pw  ($750pw + $500pw) 

Maybe option to split the 6 bedroom house to 3 bedroom up and 3 bedroom down and rent separately. This would increase rent to 2 x $450pw and $500pw = $1,400pw ($72,800pa)

Plenty of room to add another dwelling and plans available to subdivide into 3 lots.

Zoned Mixed Housing Suburban - with the New Unitary plan there maybe scope for further development. 

Develop or Landbank with excellent Cashflow.


Contact me for further information or to view 021 182 6547

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

Nexus Property Group Ltd - Licensed REA 2008 


  • Home
  • Properties
    • Auckland 6 X 1 Bedroom Units - $2,520 pw
    • Dunedin - 2 Units $975 pw 9.6%
    • Gisborne - 8.5 % Yield - 2 x 3 Bedroom Units
    • Gisborne - 9.5 % Yield - 3 x 2 Bedroom Units
    • Hasting - 10% Yield - $2,800 pw
    • Dunedin 11 Bedroom House $2,000 pw
    • Whanganui - 2 x 3 Bedroom Units
  • About
  • Find me a Property
  • Property Alerts
  • Sell your property
  • Contact