This building comprises of 2 x 2 bedroom Flats, built between 1950 – 1959. Construction is weatherboard with a tile roof, with a carport and parking for both flats.
Situated in Stokes Valley, on the better side of the valley in "The Glen"
Both flats are currently rented for $250.00 per week each returning $122.00 after outgoings. The interest rate used in the attached property analysis worksheet is that offered by Kiwi Bank on a 2 year fixed term.