Outstanding opportunity for both investors and owner occupiers. For investors, a neat affordable investment on ever poplar Lake Road in Frankton. Two sitting tenants returning $53,819p.a net, all on a freehold title complete with secure yard, and roller door access to each unit. For the owner occupier, bank the income from the long term tenant on the left hand tenancy, and in 12 months time occupy the right hand tenancy yourself.

Contact sole agents David Palmer or Justin Oliver. 

Features:

• Returning $53,819p.a net
• Freehold fee simple title – no body corp
• 100% of opex recoverable from tenants
• Dual income property or chance to occupy part in 2027

More information: https://www.colliers.co.nz/p-NZL67041562