Outstanding Return - 2 Houses on 1 Title

This unique property comprises two dwellings on one freehold title.
This property offers many options!
Investors, extended families, first and second home buyers.
Group buying with separate spaces.

Live in one, keep granny and gramps in one or rent out one and pay the mortgage with the income.

1. The House:
This is the original three bedroom home, with one bathroom, providing many features of the era. This property would make a lovely spacious family home once renovated.
Estimated rental appraisal $540 per week

2. Part of the main house is currently a one-bedroom flat, rented at $300 per week. Leave it as is or open it up again to the house.

3. Separate Unit:
Standalone two-bedroom home built in 1998. Single garage, fenced and gated private gardens.
Currently rented at $390 per week (potential rental $450 per week)

Add the rental income together at $1290 per week and your nett return could be over 7%

So many options on offer here.

Call Lyndsey - 027 446 2886 or Stu - 027 444 1594 today

For further information on this property please visit:
https://rwpalmerstonnorth.co.nz/PNO30479