



INVESTOR OPPORTUNITY! An excellent addition to any rental portfolio at an affordable price of just $54,900! This 3-bedroom, 1-bath property offers immediate rental income with a long-term tenant currently paying $800 per month who would love to stay! Generating $9,600 in annual gross rental income, this property offers an attractive 17.5% gross annual rental yield at the asking price. Enjoy the advantage of an established tenant, eliminating the immediate need to find a new renter. Whether you're a seasoned investor looking to expand your portfolio or just getting started in real estate investing, this is a fantastic opportunity to acquire an income-producing property at an exceptional price point. Don't miss your chance to secure this affordable investment with rental income already in place!
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $1669 | NZD $2,968* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Russell Real Estate Services
Property ID: 110120798067
Original Property ID: 3yd-NEOHREXOH-5255872