2 x houses, sep titles, 12% yield & 15%below reg value! | New Zealand Real Estate Investment Property Deals.

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PROPERTYINVESTORCENTRE

Listing:	2 X HOUSES, SEP TITLES, 12% YIELD & 15%BELOW REG VALUE!
Type:	House : Do-Up
Category:	Private Sale	Bedrooms:	3
Price:	$246,000	Bathrooms:	1
Region:	Hawkes Bay	Site Area:	810 m2
Address:	Login	Building Area:	100 m2

Description:

High Cashflow deal, We have 2 x 3 bedroom houses on separate titles with a 12% yield and 15% below registered valuation.

These 2 houses are side by side with 8 Lodge previously being subdivided and 2a Maxwell relocated onto the new section. Because 8 Lodge is on a corner section, 2a Maxwell has its own separate access.

Details;

Price, 8 Lodge $123,000
2a Maxwell $123,000

Total; $246,000 for 2 x 3 bedroom houses on separate titles
GV, $165,000 each, ($330,000 for both)

Verbal registered valuation, $145,000 each
Total, $290,000 for both

Rental appraisals, 8 Lodge $290 per week
2a Maxwell $290 per week
Total, $580 per week for both

(Both properties are currently rented for $290 per week each)

This deal is for 2 high cashflow houses in a high rental area on separate titles with a $44,000 equity gain. There is also further upside with renovation which will increase the yield and value further.

For further information about these deals visit;

www.propertyinvestorcentre.co.nz

If you are interested in this deal please don’t hesitate as it will be snapped up quickly. ph shane 027 651 3419

Additional Photographs:

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