2 X 2 BEDROOM INVESTMENT UNITS (WITH UNIT TITLE UPSIDE)

Listing Number:  77
Posting Date:  10 July 2007




 
Price:$345,000
Listing:2 X 2 BEDROOM INVESTMENT UNITS (WITH UNIT TITLE UPSIDE)
Type:Unit/Flat : Subdivision Potential
Category:Private Sale
Bedrooms:4
Bathrooms:2
Region:Wellington
Site Area: 
Address: Login
Building Area:160 m2
Property Image

Description:

2 x 2 bedroom investment units. In a area that is growing at over 220% last 10 years!!

Currently on one title. Can be split onto two seperate titles to add value and/or sell off seperatly as own your own units.

Current Valuation as is - $355,000

Valuation on Seperate titles and after a quick tidy up - $404,000

Approx $12-15k to seperate titles. So there is equity to be gained here!!


Concrete block construction makes for very low maintainace.

Built in the mid to late 90's.

Both units are currently tenanted at $195 pw each (which is under rented)

Valuation and rental assessments avalible on request.