19 Ward Street, Taumarunui, Ruapehu

price TBC

9

Bedrooms

4

Bathrooms
sold-flag

One of the best returns you will find

This set of 4 flats is a fantastic opportunity for investors looking for a solid return on their investment with further potential for improvement. With a potential gross return of around 9 % accompanied with the chance to push this above 10% with improvements this property is sure to be a sound addition to any investment portfolio. One of the flats is a spacious 3-bedroom unit, while the other three are 2-bedroom flats. They all are in varying conditions with most being tidy and having had some redecoration in recent years. The property has a great history of long term tenants and currently three of the flats are occupied, while one is currently vacant but easy to tenant, providing the opportunity for immediate income and to reap the rewards. These flats are located in a desirable location, with easy access to local amenities. With a mix of 2- and 3-bedroom units, this property is well-suited to accommodate a variety of tenants. Don't miss out on this opportunity to add a valuable asset to your investment portfolio. Act fast to secure these flats and start earning a solid return on your investment.

Chattels

Drapes, Electric Stove, Extractor Fan x 3, Fixed Floor Coverings, Heat Pumps x 4 and Remotes x 4, Range Hood
19 Ward Street, Taumarunui, Ruapehu

Web ID

TUU114578

Floor area

270m2

Land area

2,396m2

District rates

$10,410.65pa

Regional rates

$315.20pa

LV

$47,000

RV

$405,000

9

Bedrooms

4

Bathrooms
price TBC
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Cameron Elliot

Cameron Elliot

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TUU114578

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2

Bedrooms

1

Bathrooms

1

Garages

Welcome to 53 Morero Terrace, a recently renovated 2 bedroom home offering comfort, space, and an unbeatable location. Set on a 395sqm low-maintenance section and boasting a generous 180sqm floor area, this property is ideal for people looking to downsize or invest. Enjoy the best of both worlds with peaceful riverside living and the convenience of being just a short walk to town. Inside, the home has been tastefully updated, meaning there's little to no maintenance needed - simply move in and enjoy. Downstairs, you'll find a spacious garage and versatile utility area - perfect for a workshop, office, extra bedroom, or creative studio. Whether you're looking for your next home or a smart investment, this one is not to be missed!

By Negotiation

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