Are you looking for a fuss free rental investment property? This may be your set and forget scenario!
The family are sure that they would love to stay on long term. These are tidy tenants who jumped onboard with the recent exterior upgrade, painting and are keen to lend a hand. The house proud family are tending to the owners recent planting of a privacy hedge, and their own vege garden. The photos are testament to the pride the tenants take in their home.
The current median rent for a three bedroom home in Wairoa is $455 per week*. This sees a projected gross yield of 6.78%. At the lower quartile, currently $420 per week, the property would realise a gross yield of 6.26%, at asking price.
The property is super centrally located. It's across the road from the Wairoa Primary School, and up the road is Wairoa College. Down the road, Wairoa's main street and town services.
With a recent kitchen and bathroom upgrade and a multitude of other interior and exterior improvements, including an interior replastering and paint, new light fittings and curtains, and all new floor linings, the solid 1960s home should be hassle free for you.
Contact Kimberley for a Property Memorandum including the LIM.
*www.
tenancy.govt.nz/rent-bond-and-bills/market-rent/?location=Wairoa
*This data is updated monthly and contains bond information from the previous 6 months (not including the most recent month).
Please note: Land and floor area measurements are approximate, and boundary lines indicative only. Reasonable efforts have been made to source information from reputable sources. We do not, however, warrant its accuracy or fitness for any purpose. Purchasers should independently verify information through a due diligence investigation if it is relevant to their decision to purchase.
3
1
110m2
862m2
