42 Simons Street, Moturoa

Investment Opportunity!!

House

5 bedrooms
2 bathrooms
814 m2
Contact for price
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Description

Discover the potential of this investment gem! located in a good location, This property at 42 and 42A Simons Street offer not just one, but two promising rental flats, each with its own unique features and income potential.

Property Highlights:
Flat 42A: This charming two-bedroom flat currently generates a rental income of $250 per week, with an expected increase to $350 per week in June. With its cozy appeal and convenient layout, it promises steady returns for savvy investors.
Flat 42: Step into the spacious comfort of a three-bedroom flat, projecting a potential rental income of $520 - $540 per week. With ample living space and a bit of love and care, it's poised to attract long-term tenants seeking quality accommodation.

Key Features:
Recent Roof Replacement: Both flats have benefited from a new roof installed within the last five years.
Situated within easy reach of schools, amenities, and transportation options.

Rental Appraisal with potential rental returns:
42: $520 to $540 per week
42A: $400 to $420 per week

Why Invest Here?
With the potential for lucrative returns and a good location, these rental flats present an enticing opportunity for investors looking to expand their portfolio or enter the market. Don't miss out on securing your foothold in this thriving rental market!

Arrange Your Viewing Today!
Contact us now to schedule a viewing or to receive further information on this promising investment opportunity.

All offers to be in by 5pm Tuesday 7th May 2024

Property Location