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WHANGAREI
6 Units on 1012m2 -$2,000 per week
Features:
- 1012m2 Freehold site
- 6 x self contained 1 bedroom units
- Tenanted - $2,040 per week - $104,000 p.a.
- Rental Appraisal $2,280 pw - $116,560 p.a.
- Long Term tenants who want to stay on
- Property next door can also be purchased
- 2,674 m2 combined land potential to develop
- Cashflow Positive after expenses by $600 per week *
Price by Negotiation
Rental: $2,000 per week - $104,000 p.a.
Rental Appraisal: $380 pw x 6 = $2,280 pw - $116,560 p.a.
Gross Yield: 9.0% - 9.5%
Cashflow Positive by $600 per week *
Land: 1,012 m2
Building: 240 m2 (units are 40m2 each)
Bedrooms: 6
Bathroom: 6
Council Rates: $15,255.54 p.a.
* figures to be used as guide only
Please contact me if you’d like further info.
Shane Carruthers
021 182 6547
[email protected]
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