Investment with Huge Potential - Multi Incomes

This is a great opportunity to generate significant income to support your outgoings or hold all as an investment. The total income for all rentals is currently at $1555 / week = $80,860 per year.
These houses are positioned on a spacious 812 sq. metre (approx.) section zoned Mixed Housing Urban for Terrace Housing & Apartment Buildings, so your options for future development are also huge. Conveniently located at a very central location, for the nearby Constellation Park and Ride Bus Route, North Shore Police Station, North Shore Medical & Health Centre, Albany Industrial Area, Supermarkets and Local Shopping all close by. An added bonus is the property is zoned for Rangitoto College, Mairangi Bay School, Westlake Boy's High School, Westlake Girls High School and Sunnynook School.
Versatile and affordable, this property is perfect for investors looking for a solid return, large or extended families, two families consolidating to reduce mortgage commitments, or astute buyers who are looking for a home for themselves with an income on the side. Currently all the tenants wish to stay.
Call me now to view these properties and seize this lucrative opportunity in an environment where rental properties are hard to find, and good tenants appreciate good landlords.
By appointment only as all the properties are Currently Tenanted.

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Main Property Features

Listing Number: KM190527

Land Size:
812 sqm
Property Type:
Home & income
Property Features:
Smoke alarms
Roof:
Iron
Tenure:
Freehold
Property condition:
Good
House style:
Other
Garaging / carparking:
Open carport
Construction:
Weatherboard and Block
Joinery:
Timber, Aluminium
Insulation:
Ceiling
Flooring:
Carpet, Vinyl and Tiles
Window coverings:
Drapes, Blinds
Electrical:
Satellite dish
Chattels remaining:
Blinds, Fixed floor coverings, Light fittings, Stove, Curtains, Dishwasher in Unit 2
Kitchen:
Original, Open plan, Dishwasher, Upright stove, Gas bottled and Finished in Laminate
Living area:
Open plan
Main bedroom:
Double, Balcony / deck, Built-in-robe and Walk-in-robe
Bedroom 2:
Double and Built-in / wardrobe
Bedroom 3:
Additional Info (1 unit is single bdrm, 2 units double bdrm)
Additional rooms:
Other (Sunroom in Unit 2)
Granny flat:
Council approved
Main bathroom:
Bath, Separate shower, Exhaust fan
Laundry:
Separate and In bathroom
Views:
Urban
Aspect:
North
Outdoor living:
Deck / patio
Fencing:
Partial
Land contour:
Flat
Grounds:
Backyard access, Tidy
Water heating:
Electric
Water supply:
Town supply, Tank (size: Unit 1)
Sewerage:
Mains
Locality:
Close to transport, Close to shops, Close to schools
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Licensed REAA 2008

Licensed REAA 2008

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Harcourts Kumeu

Loyal Realty Ltd

Licensed REAA 2008

Unit A 86 Main Road
Kumeu Village
Kumeu
Auckland
Office website or View office details

Property Location