Central City Investment - TENDER
- 12 Beds
- 4 Baths
Fabulous central location. Its a walk to all the "important" places in town, City centre, Supermarket, Cafes, Esplanade - all about 5 minutes walk, you don't really need a car.
My owner tells me this property is rarely empty giving an excellent return on investment.
Flat 1 (1 bedroom) - $125 per week
Flat 2 (2 bedroom) - $170 per week
Flat 3 (1 bedroom) - $130 per week
Flat 4 (2 bedroom) - $170 per week
Income - $595 per week
Total income - $30940.00 per year
You do the sums.
I'm sure you'll be impressed by the return.
With some work you could have a much more attractive return and in this location a top return is almost guaranteed.
For Sale by Tender:
Tender Closes 2pm - Tuesday 7th September at Ray White offices, 188 Broadway Avenue, Palmerston North
- Close To Shops
- Close To Transport
- Single Garage
453m² / 0.11 acres