House for Sale

16a and 16b Rangipare Street Otorohanga, 3900

$150,000
  • 3 Beds
  • 2 Baths
  • 2 Cars

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House for Sale in Otorohanga

Two for One

  • 3 Beds
  • 2 Baths
  • 2 Cars
Listed By:
Ray White OtorohangaRosetown Realty Limited Licenced (REAA 2008)

One 2 bedroom and one 1x Bedroom being sold as one building on Maori Lease. Both currently rented at $160 and $170 per week. This would be an astute investment with the current rent being increased after a little renovation which would increase the return.
The return being in the vicinity of 11% and having tenants that have been long term and prompt payers. With rentals being in such short supply this property would warrant a close look.

Features:
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Formal Lounge
  • Garden
Property ID:

OTO20599

Parking:

2 garage spaces and 2 off street parks

Bedrooms:

3

Bathrooms:

2

Listed By:
Ray White OtorohangaRosetown Realty Limited Licenced (REAA 2008)
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