619 Norsewood Ormondville Road
Dannevirke, Tararua District
Dannevirke, Tararua District
SOLD
6
6
3
10% GROSS YIELD PRICE $780,000
A little cracker of an investment with further upside, located in the quiet settlement of Ormondville, just 22 km northeast of Dannevirke.
Ex Council flats built for longevity are these very pretty 6 x 1 bedroom units in two blocks of 3 which are healthy homes compliant. Nestled on 1255m2 freehold land.
Current rental income is averaging $250 per week per unit and these units could with a little freshening up, be demanding upwards of $300 per week per unit at their next rental reviews.
An in-demand property from prospective tenants is shown by its high occupancy rate, where long-term tenants are the norm. Thus creating a hassle-free investment.
A simple and uncomplicated rock-solid investment, professionally managed and much sought after.
Contact listing agent for viewing times.
PLEASE NOTE:
All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.
Ex Council flats built for longevity are these very pretty 6 x 1 bedroom units in two blocks of 3 which are healthy homes compliant. Nestled on 1255m2 freehold land.
Current rental income is averaging $250 per week per unit and these units could with a little freshening up, be demanding upwards of $300 per week per unit at their next rental reviews.
An in-demand property from prospective tenants is shown by its high occupancy rate, where long-term tenants are the norm. Thus creating a hassle-free investment.
A simple and uncomplicated rock-solid investment, professionally managed and much sought after.
Contact listing agent for viewing times.
PLEASE NOTE:
All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.
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