RENOVATED 2 BED FLAXMERE HOUSE - 8.3% YIELD

Listing Number:  1667
Posting Date:  16 November 2009






 
Price:$125,000
Listing:RENOVATED 2 BED FLAXMERE HOUSE - 8.3% YIELD
Type:House
Category:Private Sale
Bedrooms:2
Bathrooms:1
Region:Hawkes Bay
Site Area:70 m2
Address: Login
Building Area:350 m2
Property Image

Description:

Situated on a quiet back section, this 2 bedroom Hardi Plank house was extensively renovated in 2007. The improvements included a new kitchen, bathroom and laundry, new carpets and curtains.

Currently rented to a good family with their own business for $200/week there is the potential to increase the rent at lease renewal as we have kept it the same for over 12 months. The property is managed by Quinovic in Hastings who would be happy to retain management for the new owner.They have a good relationship with the tenants and have done a very good job looking after the property for me since 2006.

I now live in Australia and am shifting my investing focus to properties over here hence the sale. Sorry about the quality of the pictures, I had to scan them off an inspection report.