Offering a 5% return with significant potential for growth.
This unique property, set on a 3582m² freehold title with mature plantings and level lawns, features two spacious residences constructed of weatherboard and iron. It includes a four bedroom unit and a three bedroom unit, each with its own single garage and storage. Both homes have long-term occupants, providing an immediate income stream with the opportunity to increase rents to current market levels. This property is also ideal for a family looking to live in one residence while generating income from the other, or for extended family living.
Located in a highly sought-after, central area close to primary and secondary schools and Kerikeri township, the property benefits from consistent tenant demand and strong rental returns.
Our client is motivated to sell as they are looking to purchase elsewhere.
Call today to arrange a private viewing.