Multi-Income Investment Property
- 31 Reeve Road, Owhata, Rotorua
- 5 Beds
- 3 Bath
- 190m2
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This steal of a deal consists of three units on one title. The current owners have maintained this property well over the years with a new cement driveway, heat pumps in each units and regular repairs. All three units are occupied on periodic tenancy agreements.
1/31 Reeve Road
2 bedrooms, 1 bath. Private car port. Room to renovate to add value.
2/31 Reeve Road
1 bedroom, 1 bath. Car parking in driveway. Fully healthy homes compliant.
3/31 Reeve Road
2 bedrooms, 1 bath. Double garage with garden area. Recently renovated.
Current rental income $1,010 pw. Current rental appraisal is $1,220. There is an opportunity to add value through new carpets, paint, modernising kitchen and bath and creating privacy through adding a divide between units 2 and 3.
Units like this are difficult to come by. For more information contact Kara now. Offers will be considered after the first open home.
Under 5 minute walk to supermarket and shopping plaza. Less than a kilometre to Rotorua Lakes High School, Mokoia Intermediate and Owhata School.