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Home and Income

Te Hapara 

Sold on 26 Apr 2016
  • 9 Beds
  • 4 Baths
Agents

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Home and Income in Te Hapara

INVESTORS - HIT THE PANIC BUTTON!

  • 9 Beds
  • 4 Baths

An opportunity to purchase four separate dwellings and garages. It's a residential cash cow located close to Boys High, Girls High, Gisborne Intermediate, YMCA, sports grounds, beach and walking distance to the CBD.
Income of approx. $41,000 per year.
Motivated vendor wants to sell...long term tenants want to stay.

flat 1 $200 per week (approx 3 year tenant)
flat 2 $190 per week (approx 3 year tenant)
flat 3 $190 per week (approx 10 year tenant)
flat 4 $220 per week (approx 10 year tenant)
total of $800 per week ....

Rental income can easily be increased to market level

call Peter to arrange a private viewing appointment

Features:
  • Electric Hot Water
  • Standard Kitchen
  • Open-Plan Dining
  • Combined Bathrooms
  • Electric Stove
  • Joinery: Aluminium And Wooden
  • Single Garage
  • Wooden Base
  • Partially Fenced
  • Iron Roof
  • Weatherboard Exterior
  • Single Storey
  • Level Section Contour
  • Southerly Aspect
  • Urban Views
  • City Sewage
  • Town Water
  • Street Frontage
  • Above Ground Level
  • In-Street Gas
  • Public Transport Nearby
  • Shops Nearby

See all features

Chattels:
  • Curtains
Property ID:

GIS22340

Bedrooms:

9

Bathrooms:

4