39% BELOW G.V! POSS 15.2% YIELD AFTER RE DECO

Listing Number:  1362
Posting Date:  04 February 2009






 
Price:$90000 incl finders fee
Listing:39% BELOW G.V! POSS 15.2% YIELD AFTER RE DECO
Type:House
Category:Assignment
Bedrooms:4
Bathrooms:1
Region:Taranaki
Site Area:130 m2
Address: Login
Building Area:339 m2
Property Image

Description:

Could not get much more central than this! This property offers the investor an opportunity to purchase a large 4 x bedrooms, 1 x bathroom, 1917 Bungalow. Attractive house that needs some work. If you are looking for a small project but wanting HUGE returns than you should consider this deal.
Rental assessment could rent for todya $140-$150p/w once Redecoration compled assessment $240p/w - $250p/w!

Cnr section, No undercover parking, but off street parking. No front or side fencing. Bathroom floor needs attention. Back bedroom has a fireplace and the chimney does not have a cap on it so has been leaking into the ceiling. Have ordered a builders report, so call me as iIshould have this soon and can give you the price.

Other than a few minor problems that can be easily repaired the Central location of this 4 x bed solid bungalow offers an awesome opportunity, and in doing so should provide the investor with a solid investment for the future.