Secure your retirement! On offer is a block of 4 x 2 bedroom units, each with a lock up garage and its own separate title. This is a rare opportunity to own a tidy investment in a superb central location, providing a great rental return - current market rent appraised at approximately $95,600 + pa. Two of the units have been modernised and two are in original condition ready to renovate to add value for increased rents and return.
Long held by the same owner the property is fully tenanted, some having lived happily there for many years, and all would like to stay. Available with tenants in place or with vacant possession, your choice.
In a popular convenient location on bus routes, a short walk to St Lukes and local amenities and well served by motorways heading north, south and west. In excellent school zones Balmoral Primary and Intermediate, Edendale and Mt Albert Grammar.
Increasingly rare, these investment blocks are extremely popular. Zoned Residential Terrace and Apartment Building this is an outstanding investment whether you buy one, two or the whole block. With the current low interest rates this could secure your future retirement.
Please note 1,2,3&4 Balmoral Road will be offered first for sale by auction as a block of four in one lot. If not sold as a block then the units may be auctioned for sale individually.
Deceased Estate - will be sold.
PROPERTY REPORTS AVAILABLE
Download information for this property including:
Title, LIM Report, Floorplan, Rental Appraisal, REA Sale & Purchase Guide etc
Please copy the following link and paste into your web browser:
http://www.propertyfiles.co.nz/793695
