Mahere Papa
Kei te Whakatangi Ataata
Rūma Manuhiri
Kihini
Situated within a mixed use zone sits this great investment package currently showing a 6.4% return.
Boasting 2 units plus enough space to further develop the block (Subject to council approval).
Both units consist of 2 bedrooms, open living rooms, well appointed kitchens and bathrooms. With separate tenant's occupying both units showing a great return, this could be an easy addition for your investment portfolio. Unit 1 has off street parking with an outdoor deck area. Unit 2 has some new upgraded floor coverings. The bathroom includes a separate bath and toilet. The large open plan kitchen is shared with a dining space and lounge.
Within the grounds of unit 2 there is high clearance storage that could easily accommodate a boat or caravan as well as a powered garage and workshop, carport and enclosed yard space with gated access.
This property has a lot to offer and with only a short walk to the local shops and town beach is one that is well worth considering!
Contact our office on 55223333 to arrange a private inspection today.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.43 km | 3 | 1 | -m2 | 2024 12 18 | - | Council approved | |
 | 0.24 km | 4 | 2 | -m2 | 2024 11 19 | $700,000 | Council approved | |
 | 0.35 km | 3 | 1 | -m2 | 2024 10 24 | $387,500 | Council approved | |
 | 0.35 km | 3 | 2 | -m2 | 2024 10 23 | $470,000 | Council approved | |
 | 0.40 km | 2 | 1 | -m2 | 2024 07 25 | $315,000 | Council approved |