This set of 4x three-bedroom flats is a rare opportunity for the astute investor to purchase a property with strong bones and great potential in an area that is growing in popularity, close to schools, shops and public transport.
Currently fully tenanted for a total of $1,135 per week, the property is in a tidy state but with aged fittings offering a new owner the chance to undertake renovations in years to come and potentially yield higher returns against the property.
Each flat has a heat pump and enclosed fire for heating. The bedrooms are all situated upstairs, each with a built-in wardrobe and the main bathroom is situated directly beside the bedrooms for maximum convenience. Downstairs features a large living room and large separate kitchen, a second toilet, and rear access to the fenced back yards of each unit. These are very functional and spacious layouts.
Blocks and opportunities to increase value like this do not come to market often, so its best to act quickly to secure this gem.
To view a 3D Virtual Tour of one of the flats, click on the “VIEW VIDEO” button above.
A full Colliers Information Memorandum and additional property documentation is available to download from our Data Room accessed through the "DATAROOM" button above (on desktop version only, not mobile).
Viewings are by private appointment only with our Brokers.
Other investment options at www.colliers.co.nz/student-investment