Investors - Circle this one
- One car park per unit, unit four has a tandem carport
- In close proximity to supermarkets, Fenton St and opposite the Rotorua Mall
- Built circa 1960s
Standing proudly on this tidy, well-kept 607sqm more or less freehold site, are these two storey units, totalling 398sqm more or less. Constructed in the 1960´s of concrete block and brick with steel roofing, the building houses four units - three two bedroom units and one four bedroom unit. The currently rented units are all two bedroom with open plan kitchen and living downstairs, upstairs comprises a full bathroom and two double bedrooms. Unit 4 has been used by the owner, the ground floor layout is open plan living and kitchen, separate laundry and w/c and a fourth bedroom with three double bedrooms and a full bathroom upstairs. Storage space is ample in all units and tenants have the ease of off street parking (one per unit) - although with the location being so close to town, bus stop and amenities the car park may not need to be used! A tandem
carport plus storage sheds have been used by the owner occupier in unit 4 and the property is fully fenced. All three tenancies are on a periodic agreement and are returning $48,100 per annum gross and is being sold with unit 4 as vacant. All tenants are on a periodic tenancy, the three tenanted units return a total of $925 per week gross.