Overview
- Updated On:
- April 28, 2023
- 5
- 2
Description
This complex, in a convenient location handy to Church Corner shopping precinct and the University is mainly used for student accommodation, with all properties on Unit titles. Our subject property features 5 bedrooms, one downstairs and four upstairs. There are also two bathrooms, one upstairs and one downstairs, ensuring that everyone has easy access to facilities. Currently fully tenanted and currently returning $800 gross per week, with all rooms rented out on a room-by-room basis. There’s scope to enhance the decor and add value to both the property and it’s potential rental income too.
This is an attractive investment opportunity, with a high yield and low vacancy rate. Do your own sums and decide what you’re prepared to pay.
All offers to be presented on or before 4 pm, Tuesday 16 May 2023, Harcourts Holmwood Ilam, 292 Clyde Road, Ilam, unless sold prior.
To access the property files, please copy and paste the following link into your web browser: www.propertyfiles.co.nz/property/19-74HansonsLn
Added 21 April, 2023
