4 Units one title on 1,153m² Flat Land - All Just Huge!
With huge land size of 1,153m² and a current rental return of $1,790 (current rental range is between $1900-$1950 per week) in Mixed Housing Suburban zone in central Mt Wellington area, this solid brick construction 4 investment units of 8 double bedrooms 4 bathrooms comes on the market for the next lucky investor or developer keen to keep this income machine running.
Located in a Cul De Sac with easy access to the Motorway, a short drive to Auckland city centre, a stones throw away from Sylvia Park Shopping Centre and lots of public facilities ? this property has too much to offer!
Look at the following figures and facts that may help you to make your right decision:
1. 4 units under one title, each with 2 double bedrooms 1 bathroom making a total of 8 bedrooms 4 bathrooms. 2. Good condition and maintenance. 3. Happy tenants are keen to stay. 4. Unitary Plan zoning: Mixed Housing Suburban. 5. Title: Freehold. 6. Land: 1,153m². 7. Total floor area: 232m². 8. CV: $1,880,000(2017). 9. Council rate (2020/2021): $6,474. 10. Current rent: $1,790/week=$93,080/p.a.
If the above sounds like what you're looking for, act today! Our vendors' instructions are crystal clear - sell! Call us for a private viewing or pop into one of our open homes, it's as simple as that.