Consisting of 3 properties grossing $1,019 per week, if you are an investor this offers a great opportunity to increase value and returns.
2A Hay Street is a 3 bedroom, masonary block house. It offers spacious living areas. The kitchen has an abundance of cupboards and bench space. It is fully tiled throughout. The bedrooms all have built ins. Fully fenced with a carport or outdoor entertaining area, the home is leased from $370 per week, until 14 June 2025.
2B Hay Street is a 'renovator's dream project' unit. Having one big open space lends itself to future development into a three bedroom, 2 bathroom unit. There is currently2 bathrooms and one bedroom It is leased for $350 per week on a periodic lease.
2C Hay Street is the upstairs unit. It boasts a spacious open plan living area. The bathroom and kitchen are modern and nicely appointed. There are three bedrooms, all with built ins. There is a deck off the lounge area, where you could enjoy watching the footy across the street and there are even some water glimpses.
The unit is leased for $370 per week until 18 September 2025.
The property is situated only a few blocks from the cbd, the marina, front beach, water park, pubs and cafes.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.26 km | 2 | 2 | -m2 | 2024 12 12 | $360,000 | Council approved | |
 | 0.11 km | 2 | 1 | -m2 | 2024 11 12 | $305,000 | Council approved | |
 | 0.20 km | 3 | 1 | -m2 | 2024 10 29 | $310,000 | Council approved | |
 | 0.14 km | 3 | 2 | -m2 | 2024 09 15 | $765,000 | Council approved | |
 | 0.24 km | 2 | 1 | -m2 | 2024 09 01 | $277,500 | Council approved |