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Home and Income or Pure investment RV $580,000

Aro Valley, 27 Koromiko Road

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Listing Number: WL22882
About this listing
This renovated property offers a modern sunny three bedroom home upstairs (with a rental history of $520+ per week) and a large one bedroom flat downstairs currently returning $310 per week. This is a fabulous opportunity for either a home and income buyer or someone looking to add a proven thoroughbred to their investment stable. Income from the lower flat alone will cover over $220,000 at current rates. Solidly constructed in the 1950's it features solar assisted water heating and a heat pump, this is a warm and welcoming property with lovely city and harbour views and surrounded by native birdlife. Only minutes from the city yet with a sense of complete peace and privacy. Our vendors have relocated to Auckland and are highly motivated to sell. Don't let it pass you by. RV $580,000.
Property Information
  • Approx Floor Area: 140 sqm
  • Land Size: 746 sqm
  • Tenure: Freehold
  • Approx year built: 1950
  • Property condition: Excellent
  • Property Type: Home & income
  • House style: Character
  • Construction: Weatherboard
  • Joinery: Timber
  • Flooring: Floating
  • Window coverings: Drapes, Blinds
  • Heating / Cooling: Reverse cycle a/c, Gas mains, Ducted heating, Other (Gas fire disconnected)
  • Electrical: Satellite dish
  • Chattels remaining: Blinds, Drapes, Fixed floor coverings, Light fittings, Stove, Heat pump, central heating, gas fire
  • Kitchen: Modern, Open plan, Dishwasher, Separate cooktop, Separate oven, Upright stove, Rangehood, Double sink, Gas reticulated, Pantry and Finished in Laminate
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Ensuite: Bath
  • Bedroom 2: Double and Built-in / wardrobe
  • Bedroom 3: Double and Built-in / wardrobe
  • Bedroom 4: Double and Built-in / wardrobe
  • Main bathroom: Separate shower
  • Laundry: In bathroom
  • Views: City, Water, Bush
  • Aspect: North, East
  • Outdoor living: Entertainment area (Partly covered), Clothes line, Garden, BBQ area, Deck / patio
  • Land contour: Flat to sloping
  • Grounds: Tidy
  • Garden: Garden shed (Number of sheds: 1)
  • Water heating: Solar, Electric
  • Water supply: Town supply
  • Sewerage: Mains

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