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Napier South

10 Bedrooms5 BathroomsID NU57775

Outstanding inner city investment opportunity

If you are looking for somewhere to get your money working for you with a turnkey investment in a fantastic location, then look no further. 419 Hastings Street offers 3 dwellings with 5 income streams and existing tenants who aren't going anywhere, they love it here. There is an apartment like feel to the main dwelling with 3 stylish flats that really showcase how meticulous the current Vendors have been with their maintenance and upkeep of the property. There has been no cutting of corners with a current Building Warrant of Fitness issued earlier this year giving you peace of mind that everything is in tip top shape. The two separate dwellings offer 2 bedroom and 1 bedroom accommodation and the entire weekly income is currently $1,260, which according to a recent Rental Appraisal is slightly under market rent. With location a gentle stroll to the middle of the CBD and fully occupied accommodation with no work to do, how could you go wrong? Do the math, work out your yield and submit your offer. Opportunities like this are few and far between so don't let this one slip by. LIM Report and Rental Assessment available.
CHATTELS  Fixed floor coverings   |   Blinds   |   Light fittings   |   Clothesline   |   Drapes   |   Electric Stove x 4   |   Extractor Fan x 3   |   Gas Stove x 1   |   Gas Hob x 1   |   Heated Towel Rail x 1   |   Smoke Detectors   |   TV Aerial x 4
Features
Area | 270.00m2Land | 562 m2Rates | $6241.50Regional rates | $558.99LV | $220,000RV | $500,000
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Lynda Bailey

M  027 537 5253  P  06 281 2947

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