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40 Shannon Street, Alexandra, Central Otago

3 rental incomes from this home. Urgent sale.

dollar

$845,000

House
Home & income
Bedroom
3
Bathroom
3
Floor area
125m2
Title type
Unit Title
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Property details

Listing # 4521499 | Listed on 2 April

This 125sqm (more or less) home was built in the 70's. Split into three separate one-bedroom studios with kitchens and bathrooms in 2004.

This property is easy care with sold well maintained construction and all the studios have been refurbished with their own carparks. Being on a Unit Title there is a Body Corporate in place.
So handy to Pioneer Park and within walking distance to Alexandra township.

Each unit is approximately 43sqm (more or less) in size and currently rented for: Wifi included.
Studio 1 – $345 week
Studio 2 – $384 week
Studio 3 – $400 week
Total $1129 per week x 52 weeks $58,708 Gross Income

Fixed tenants in place
There is a chattel list for each studio included in this sale.
Code of Compliance and Healthy Homes compliant

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Additional features

Double story
1 storey
Style: Bungalow
Roofing: Tile
Exterior Cladding: Rough Cast
Lot Features: Level, Street Frontage

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