10 Leese Street, Taumarunui, Ruapehu
$255,000
3
1
1
+7
+6
Cheap as chips
A fantastic opportunity has come to purchase an investment property or first home packed with potential. 10 Leese Street is a 3 bedroom, one bathroom weatherboard home that is primed to be a reliable returner in Taumarunui. Long term tenants have just moved out meaning the new owner can get straight into this property and give it a freshen up and then maximise rental return. • Three bedroom homes in the area range between $400 and $440, depending on cosmetic condition. • The property is insulated in the ceiling and underfloor but will need some Healthy Homes work done to get it up to standards. • Recent work has been done on the bathroom, upgrading to a wet area shower and also a new heat pump. • Flat 1075 sqm section, big enough to subdivide if council permits. Potential lies in of 8%-9% gross returns once some redecorations have been done, with relatively strong rental demand in the area this could prove a real money maker.
Chattels
10 Leese Street, Taumarunui, Ruapehu
Web ID
TUU234658
Floor area
110m2
Land area
1,075m2
District rates
$3,618.71pa
Regional rates
$265.08pa
LV
$90,000
RV
$200,000
3
1
1
$255,000
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