If you have money in the bank and wanting a higher return, perhaps it's time to turn your attention to 44 and 44A Morrison Road in Taneatua.
On offer here is not one, but two properties, both with careful tenants who would love to remain in place. The combined rent is $450 per week - so in terms of returns this is over 7%.
Call me to make an appointment Chris Robson 027 577 0029. You will find a well presented two bedroom weatherboard home and another separate two bedroom dwelling with polished flooring, that was relocated onto the site. There is scope to add further value here over time, or just secure it and enjoy the return and future capital gain.
Both properties are contained on the one title, there is fencing in place and each property has its own driveway to come and go from, with off street parking.
However it is not just investors who may be interested, as it could be ideal for an extended family situation or why not live in one and rent one out?
Our local market has limited investment options available. If you are seriously looking to secure property, be quick to check these two out soon.
Never been to Taneatua? It is only 10 minutes from Whakatane, two properties for one price - it doesn't get any better than that!!
To download additional information and documentation, please visit: www.propertyfiles.co.nz/property/PWK01658