MRE are pleased to offer Lots 11-18/113 Balo Street to the market For Sale. The units have previously been rented and have the potential to yield good rent return.
On offer are 8 self contained units being 6 x 2 bedroom 1 bathroom, 1 x 3 bedroom 1 bathroom and 1 x 1 bedroom 1 bathroom.
Approximate rental income is $250 - $450 across each of the self contained units depending on amount of rooms, etc. Each of the units need their own individual renovations and upgrades to get them up to a rentable standard - an inspection is recommended and building reports are to be carried out at interested parties own costs.
The photos in the listing are Unit 18 Photos. We believe this closely represents the majority of the condition for the rest of the property, but serious purchasers are encouraged to book an inspection to make their own judgement on condition.
For more information or to book your inspection, please contact Grady Sinclair on 0404 505 618.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.71 km | 4 | 2 | -m2 | 2025 02 19 | $565,000 | Council approved | |
 | 0.76 km | 3 | 1 | 180m2 | 2025 02 10 | $475,000 | Council approved | |
 | 0.64 km | 4 | 2 | -m2 | 2024 11 12 | - | Council approved | |
 | 0.68 km | 3 | 1 | -m2 | 2024 09 22 | - | Council approved | |
 | 0.74 km | 3 | 1 | 144m2 | 2024 09 10 | $450,000 | Council approved |