NOTHING TO DO AND A GREAT YIELD TOO

Listing Number:  982
Posting Date:  25 April 2008






 
Price:$128,000
Listing:NOTHING TO DO AND A GREAT YIELD TOO
Type:House
Category:Assignment
Bedrooms:3
Bathrooms:1
Region:Bay Of Plenty
Site Area:100 m2
Address: Login
Building Area:845 m2
Property Image

Description:

23 Onslow St, Kawerau

Immaculate, spacious fibroplank plank on a large site. Newly renovated inside and out.

Three big bedrooms with wardrobes, new carpet and a double garage all make this a great investment in Kawerau.
Absolutely no work is needed on this property. The location is good and it is within close proximity to the town centre and local schools.

Fireplace in the lounge.

Renovated kitchen.

New bathroom and toilet.

Tidy exterior including low maintenance gardens..



Purchase price: $128,000 (incl finder's fee)

Rental assessment: $220pw

Rates $1305.34

Freehold 845m section

Registered Valuation of 150K

The section is fully fenced and has the potential to add a second dwelling or to subdivide.

There is excellent property management available from a local private property manager.

Kawerau has a population of around 7600.

Its primary industries are pulp and paper mills. In 2007 Mighty River Power commenced construction of a huge geothermal plant which has drawn approximately 200 workers to the area.

The average house price for Kawerau is 156K and there is a strong demand for rental accommodation. The average three bedroom house in Kawerau rents for $188 per week:

http://www.tenancy.govt.nz/market-rent?Location=Bay%20of%20Plenty%20-%20Kawerau



Kawerau is fast becoming a place for people to retire; many of the enquiries for property are from older people looking to move to the area.

Kawerau has some of the consistently warmest temperatures in NZ, the best drinking water in the country, and the only free heated public swimming pool in the North Island!

It has easy access to lakes, beaches, forest, business and local cities.

For more information about Kawerau click here: http://www.kawerau.co.nz/