CASHFLOW AND RENO

Listing Number:  1030
Posting Date:  28 May 2008






 
Price:$225,000
Listing:CASHFLOW AND RENO
Type:Unit/Flat : Do-Up
Category:Double Settlement
Bedrooms:3
Bathrooms:1
Region:Nelson / Tasman
Site Area:122 m2
Address: Login
Building Area:1 3 share 979 m2
Property Image

Description:

Cashflow and Reno.
How can you get a 3 b/r house in Blenheim for under $250k???
This is a 3 b/r flat (crossleased) under valuation that with a lick of paint and a mitre 10 kitchen will lift its value immediately.
Buy a furniture pack and the Property Manager has a weekly rental assessment of $600 as is.
Walking distance to central Blenheim and only 100m to takeaways shops etc.
Interested, why wouldn't you be.
13.87 Gross Yield
9.36 Net Yield
RV $230k
Buy for $225k
After tax cashflow $2,126
3 days for Due diligence
Possession Date 2 weeks after going unconditional

Contact Mark 03 5794204 or 021 402990


Additional Documents:

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Description: Valuation
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