Home and Income or Pure investment RV $580,000
Aro Valley, 27 Koromiko Road
Contact agent for more information
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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
Contact Details
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Justin Brown Licensed REAA 2008
- m: +64 29 972 5660
- ph: +64 4 803 1715
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Bobbie Meyer Licensed REAA 2008
- m: +64 27 231 5101
- ph: +64 4 803 1721
- a/h: +64 4 499 9813