MAKE THI$ YOUR NE$T EGG?
Great position - Great possibilities - Great Investment.
This investment property is situated in Central Parade Mount Maunganui with shops, super market, bus stops and amenities within a few paces. All of this plus the ocean beach being virtually around the corner makes it so attractive for tenants.
The front two units are two storied with three single garages and a great storage area below. Upstairs there are two bedrooms and a laundry which could be relocated into the garage making room for a third bedroom plus generous living space. At the rear of the 784 meter section is a studio bach which has endless possibilities.
The property is quite unique because of its positioning in the Mount and its dynamics. The current rentals from the three dwellings are $33,540 pa and the rateable value is $524,000. This property is seriously for sale and the owners are looking for offers..
The potential here is for permanent tenants or furnish them and let them out as holiday homes or live in one and have a cash flow from the other two, just to name a few ideas