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1/1415 Hinemoa Street Rotorua, Rotorua District

Sold for $510,000 on 1 Feb 2017
  • 4 Beds
  • 4 Baths
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1/1415 Hinemoa Street, Rotorua, Rotorua District

House in Rotorua

NOT ONE, NOT TWO, NOT THREE BUT FOUR INCOMES!

  • 4 Beds
  • 4 Baths

A BLOCK OF 4 UNITS CLOSE TO THE CENTRAL CITY!
That's right 4 x One bedroom units all on separate Cross Lease Titles, so close to the central city and all fully tenanted. Owner's preference is to sell as one package. Weekly rental income of $695.00 gives a total annual rental income of $36,140.
Each flat is configured with an open plan living, dining and kitchen area, a double bedroom, bathroom, separate toilet and a patio area. The flats have off street parking however, the location means that they are within easy walking distance to the city, shops and all amenities. Look to add value with some refurbishment. Stable tenants, four incomes, one great investment opportunity - be quick!

Features:
  • Built in 1970
  • Electric Hot Water
  • Standard Kitchen
  • Open Plan Kitchen
  • Combined Dining/Kitchen
  • Open Plan Dining
  • Combined Lounge/Dining
  • Electric Stove
  • Joinery: Wooden
  • Fair Interior Condition
  • No Garaging or Carport
  • Concrete Base
  • Partially Fenced
  • Concrete Block Exterior
  • Fair Exterior Condition
  • Single Storey
  • Level Section Contour
  • City Sewage
  • Town Water
  • Street Frontage
  • Level With Road
  • Public Transport Nearby
  • Shops Nearby

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Chattels:
  • Drapes
  • Fixed Floor Coverings
  • Light Fittings
  • Stove
Property ID:

ROT23087

Bedrooms:

4

Bathrooms:

4