Home and Income Investment For Sale

We are selling one of our properties. Here are the details.

Contact me direct if you are interested. (Photos soon)

Short Summary:

A TENANTED Home and income with a revamped 1960's three double bedroom weatherboard home at the front with
TWO car lock-up garaging.

To the rear is a self contained two bedroom minor household unit with carport.

The 3bdrm has a FIXED term tenancy for $350 that expires on Sept 22nd 2007

The 2bdrm has a periodic tenancy for $270

Total rental income:$620

They are under rented at present due to a very boyant rental market here in Howick.

Land rates are $1372.00

ARC are $227.24

A valuation will be completed in the next 2 weeks but the valuation completed 9th Feb 2006 was for $525,000

Front 3 Bdrm

  • Floor Area 98.05sqm
  • Roof Corrugated Iron
  • Foundations Timber jack studs on concrete block
  • Ceilings Gibboard
  • Floors T&G
  • Age: 1960's
  • Exterior: Wooden Weatherboard
  • Windows: Wood
  • Spouting: PVC guttering system
  • Walls: Gibboard
  • bedrooms: Three DOUBLE,modern carpet

KITCHEN ( Modernised )Gas oven,wastemaster,dishwasher, waterfilter, polyurethaned benchtop over formica

BATHROOM: built-in bath, shower over sliding door, Aakronite vanity unit, mirror, standard towel rail.

TOILET: Separate

LAUNDRY: Stainless steel tub and cupboard unit,recess for washing machine and dryer.

FEATURES:

  • Gas fireplace
  • Ceiling fan.
  • Polyurethaned lino floors through the kitchen, laundry and toilet with EXPOSED polyurethaned T & G floors in the lounge,hallway and bathroom
  • White painted internal doors and neutral wallpapered walls.
  • Burglar alarm

Rear 2bdrm

  • Floor Area 51.66sqm
  • Vertical grooved plywood walls,powdercoated aluminium joinery, PVC guttering, long run coloursteel roof, tanapile foundations, internal particle board floors, natural timber interlocking walls,gibboard ceilings. Modern carpet in bedrms

TWO double bedrooms, bathroom/laundry with toilet, shower cubicle,vanity unit & tap connections for washing machine + recess for overhead dryer.

SITE: Concrete driveway turning circle, fencing, lawn, tree & shrubs

A trouble free investment run by a very competent property manager.

 


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