CASHFLOW AND 2 DWELLINGS - 13.31 GROSS YIELD

Listing Number:  1087
Posting Date:  04 July 2008






 
Price:$375,000
Listing:CASHFLOW AND 2 DWELLINGS - 13.31 GROSS YIELD
Type:House : Minor Dwelling Potential
Category:Double Settlement
Bedrooms:4
Bathrooms:2
Region:Nelson / Tasman
Site Area:130 sleepout m2
Address: Login
Building Area:870 m2
Property Image

Description:

Fantastic 3 bedroom home with near new sleepout that will make you great cashflow. This is a 1960s 3 bedroom home with 2 living areas that has been recently renovated, although there is extra room for improvements with inside paint and carpet. Weatherboard exterior is in mint condition. Out the back is a near new large sleepout with modern bathroom furnishings. This property also has a double garaging. There is potential to sub-divide without having to move the front house.

This property is in a great location only 200m from the Redwoodtown shopping centre. It has Pre-tax cashflow of $5465 and after tax cashflow of $6477, this is after all expenses, have even allowed $1000 for Repairs and maintenance, not that you will need it.
Property Manager assessment and REVIQ Analysis on request
Call mark 021 402990