51A Otaika Road, Otaika

For sale by negotiation

3 Bed
1 Bath
1 Garaging

Are you looking for a more hands off investment?


Then this property will definitely meet your needs.

This 3 bedroom 1990s fibre cement home is well laid out offering 3 good size bedrooms all having built in robes. The kitchen, dining and lounge are open plan which gives the property a spacious feel to it, and there are nice views out over the Western Hills area and neighbouring suburbs. The house is well appointed to catch the sun throughout the day and sits on a fully fenced 625m² section, and offers an attached single garage with internal access.

This property will suit investors who can see the value of a hands off investment with no tenancy worries and no property managers to deal with, just sit back and receive a guaranteed income, with a secure lease in place.
A property like this would be an ideal investment for off shore investors.
Currently the interior of this home is having a complete refurbishment throughout.
• 3 bedroom home on a freehold title
• Leased until November 2024
• Annual rent currently $22.896.00 (net)
• Monthly lease payment will be $1,908.00 (net)
• Rateable Value: $460,000
• Whangarei District Council rates - $2,208.89
• PLEASE NOTE PHOTOS TAKEN 2020
• This is a property that you can claim back your interest

To find out more, including lease information, please call or email me today.

Property details

Location:
51A Otaika Road, Otaika
Property type:
House
Bedrooms:
3
Bathrooms:
1
Garaging:
1
Off street parking:
1
Property ID:
830381

Distance to schools is as the crow flies and is provided as an estimate only. Source: Ministry of Education

In zone schools

Nearby schools

  • Te Kapehu Whetu (Teina)0.3 km
  • Hora Hora School (Te Mai)0.3 km
  • Blomfield Special School and Resource Ctre0.7 km
  • Renew School0.8 km
  • He Mataariki School for Teen Parents0.9 km
  • Manaia View School1.3 km
  • Whangarei Intermediate1.7 km
  • Te Kapehu Whetu (Tuakana)2.0 km
  • Whangarei School2.3 km
  • Whangarei Boys' High School2.4 km
{{noZoneExtraVisible ? "Hide" : ""}} 5 more schools

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