At least 9.6% gross return ...

... is what you will expect by renting 143 Puriri Street out from $310.00 to $330.00 per week after taking possession and issuing sufficient notice to the existing tenants, or purchase with vacant possession. Potential to perform, this property has been built with renowned timbers of the era, and has a generous floor plan consisting of a spacious separate lounge and a practical kitchen and dining area, complete with a flat, fully fenced backyard, with plenty of space to add garaging. The current rates for this property are $2,280.49 for the year in total and features on a fee simple section (675 sq m more or less). The current tenants have enjoyed this property as their home since October 2017. The potential to improve the yield as an investment property is to install insulation to latest standard and adding in a quality fixed form of heating. Being occupied by tenants, to view you will need to work in with strict viewing days and times.

Cosy Deal