GREAT LOCATION 2 FOR THE PRICE OF ONE!! HOME & INCOME PRICED TO SELL!!!
$30K RENT PA Return (both leases). 5.9% Yield
A very rare and unique opportunity has arisen on Whangaparaora Rd to own a dual Lease in the one building. The current owner is investing in the decking that is currently about to get a do-over and fix up making the already spectacular view even more desirable sitting back in the afternoon sun looking out onto Arkles Bay.
Unique Apartment / Commercial opportunity on the Peninsula with Sea views!
Newly refurbished Res/Comm current rental Income $360PW (Res) & $230PW (comm)
Apartment Comes with.
1. 2 Bedrooms
2. 1 Bathroom
4. Open Living
5. Sea views
Besides the apartment, the commercial is currently tenanted bringing in approx $230 PW Income. A stable tenant been there for 3 years and wants to stay.
Either buy to live & work & receive income
Buy as an investment & receive $30,000+ PA in rent for both as both the Apartment & the Commercial are tenanted.
Phone Mike Wilson to arrange a viewing now, This won’t last very long!