Taupo Property

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SOLD

Bay of Plenty
0
0
N/A
447sqm
885sqm
Bay of Plenty
proudly marketed by
Colliers Rotorua
TEN UNIT ACCOMMODATION INVESTMENT
With ten, north-facing, one bedroom units in an unbeatable location within a minute's walk of Central Mall, this is a great investment option. There are some long-standing tenants on favourable rental rates, plus the opportunity to upgrade some of the units to command higher rentals. Previously built as part of a motel in the 1980's, the property has been with the current owners for the past 20 years, is returning approximately $95,000 gross per annum. This is a premium investment opportunity - call Mat or Mark for more information. Features: * Land area: 885m2 more or less; * Floor area: 447m2 more or less; * Units: 10 x 1 bedroom;
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Rotorua