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40 Hull Street, South Hill, Waitaki

Calling astute investors

dollar

Negotiation

House
Home & income
Bedroom
6
Bathroom
3
Floor area
150m2
Land area
455m2
Title type
Freehold
Garage
1
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Property details

Listing # OMU212859 | Listed on 8 October

This tidy property features three separate two-bedroom, one-bathroom units with off-street parking and new heat pumps installed for year-round comfort. Currently tenanted by three happy tenants eager to stay, this is a fantastic income-generating asset not to be issued.
Unit 1 & Unit 3 -rear of home

  • Both units enjoy private garden areas
  • Laundry facilities located in sheds at the rear
  • Bathrooms feature a shower over bath, vanity, and toilet
Unit 2 - Street Front
  • Includes a garage with internal access to the home
  • Bathroom with a shower over the bath and vanity
  • Separate toilet for added convenience
  • Inside laundry
Location & Return
  • Situated in a desirable neighborhood, 5 minutes walking distance to Fenwick School
  • Easy access to local amenities, parks, and scenic attractions
  • Current rental 10% return
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Additional features

Roofing: Corrugated Iron
Exterior Cladding: Plaster/Monolithic plaster - Rough Cast/Stucco (cavity/no cavity)
Exterior Joinery: Timber
External Features: Patio
Lot Features: Street Frontage
Rooms: Dining - Combined Kitchen, Dining - Open Plan, Separate Laundry (x3)
Internal Features: Heat Pump

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