Want 7-8% return on your residential investment?

Boost your investment portfolio with this five-unit block in an incredible location!

Situated in New Plymouth Central, across the road from the coastal walkway, and walking distance to the CBD, this split-risk tenancy, comprising 1 three-bedroom unit, 3 two-bedroom units and 1 one-bedroom unit, is an opportunity to provide some excellent cash flow. The location of these flats makes for prime real estate and smart buying. Whether you update and modernise or continue as is with the existing tenancies in place, it’s certainly worth doing the figures on this one!

Currently rented at $65,520pa, with two independent rental appraisals showing current market rental value at $109,000-$114,000pa

Land area 553m2, building floor area 450m2
Rates: $10,461.33pa